The Tech Nation 2019 report, states that the UK attracts more VC tech investment than anywhere else in Europe, with £6.3 billion raised in 2018.<\/p>
<\/p>
During London Tech Week, June 2019, DIT hosted 20 delegations from our international Posts consisting of 600 innovative tech companies keen to invest and scale up in the UK and secured £1.2 billion of new FDI announcements creating 850 new jobs.<\/p>
<\/p>
Through the AI Sector Deal, this government is actively supporting the development of talent, nationwide, ensuring that this position is strengthened and investment in AI, exceeding £3.8 billion, continues to grow.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2019-07-09", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-09T10:13:16.323Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-07-01", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Technology: Foreign Investment in UK"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, what assessment he has made of the role of the UK's tech sector in attracting foreign direct investment.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "271466"} , {"_about" : "http://data.parliament.uk/resources/1091403", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1091403/answer", "answerText" : {"_value" : "
Our priority is securing a deal with the European Union as this will avoid disruption to our global trading relationships. Until that deal is in place, we must prepare for all eventualities. The Government has set out what issues business, including exporting businesses, need to consider in a no-deal scenario and the Public Information Campaign directs business to that information on GOV.UK.<\/p>
<\/p>
The Department for International Trade\u2019s frontline International Trade Advisers are regularly updated with the latest GOV.UK updates and information to help SMEs across England prepare for leaving the EU. International Trade Advisers are using this information to ensure SMEs are promptly referred to the latest available EU Exit business readiness information, including the HMRC Partnership Pack. My Department is also working closely with our counterparts in the Devolved Administrations to ensure that similar guidance is available to SMEs in Scotland, Northern Ireland and Wales.<\/p>
<\/p>
In addition my Department continues to work closely with BEIS and HMRC to ensure that the published Public Information Campaign guidance is widely circulated. My Department has briefed Business Representative Organisations, including the BCC and CBI, on the support available to help companies prepare for the UK leaving the EU. Other Government Departments are also supporting this cross-Government effort to help SMEs as they prepare for leaving the EU. This includes a BEIS business readiness bulletin for trade associations, business representative bodies and business intermediaries and HMRC webinars for SMEs.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2019-03-28", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "234190"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-03-28T14:05:20.443Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-03-19", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business: Exports"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, what steps he is taking to help export businesses prepare for the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "234188"} , {"_about" : "http://data.parliament.uk/resources/1091405", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1091405/answer", "answerText" : {"_value" : "
Our priority is securing a deal with the European Union as this will avoid disruption to our global trading relationships. Until that deal is in place, we must prepare for all eventualities. The Government has set out what issues business, including exporting businesses, need to consider in a no-deal scenario and the Public Information Campaign directs business to that information on GOV.UK.<\/p>
<\/p>
The Department for International Trade\u2019s frontline International Trade Advisers are regularly updated with the latest GOV.UK updates and information to help SMEs across England prepare for leaving the EU. International Trade Advisers are using this information to ensure SMEs are promptly referred to the latest available EU Exit business readiness information, including the HMRC Partnership Pack. My Department is also working closely with our counterparts in the Devolved Administrations to ensure that similar guidance is available to SMEs in Scotland, Northern Ireland and Wales.<\/p>
<\/p>
In addition my Department continues to work closely with BEIS and HMRC to ensure that the published Public Information Campaign guidance is widely circulated. My Department has briefed Business Representative Organisations, including the BCC and CBI, on the support available to help companies prepare for the UK leaving the EU. Other Government Departments are also supporting this cross-Government effort to help SMEs as they prepare for leaving the EU. This includes a BEIS business readiness bulletin for trade associations, business representative bodies and business intermediaries and HMRC webinars for SMEs.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2019-03-28", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "234188"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-03-28T14:05:20.503Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-03-19", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Exports: Small Businesses"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, what support his Department is putting in place for small and medium export businesses to prepare for the UK leaving the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "234190"} , {"_about" : "http://data.parliament.uk/resources/1088818", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1088818/answer", "answerText" : {"_value" : "
I refer the hon. Member to the answer I gave on 15 January 2019 to Question 205926.<\/p>
<\/p>
UK exports have continued to increase, with the latest figures showing that nominal exports rose 2.7% (£17.0bn) to £636.6bn in the 12 months ending January 2019. [ONS UK Trade: January 2019]<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2019-03-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-03-22T12:52:56.243Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-03-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Exports"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, if he will outline the support services available for export businesses seeking to expand in global markets.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "232568"} , {"_about" : "http://data.parliament.uk/resources/1059723", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1059723/answer", "answerText" : {"_value" : "
The Canada-UK bilateral trading relationship is an important one and vital to our economy. Total trade between the UK and Canada in 2018 totalled £18.4bn and both sides have committed to deepening our commercial relationship further.<\/p>
My Ministerial colleagues and I have regular contact with the Canadian Administration, business representatives and others, including through our diplomatic missions in Canada, to support and increase investment and trade flows.<\/p>
Both the Prime Minister and PM Trudeau have publicly committed to a \u2018seamless transition\u2019 of the Comprehensive Free Trade Agreement (CETA) as the UK leaves the EU and to avoid a cliff edge for Canadian and UK businesses.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"} } , "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"} , "answeringMemberPrinted" : {"_value" : "Graham Stuart"} , "dateOfAnswer" : {"_value" : "2019-02-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-02-18T17:53:58.673Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-02-12", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Overseas Trade: Canada"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for International Trade, what recent steps he has taken to increase bilateral trade with Canada.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"} } , "tablingMemberConstituency" : {"_value" : "Strangford"} , "tablingMemberPrinted" : [{"_value" : "Jim Shannon"} ], "uin" : "220215"} , {"_about" : "http://data.parliament.uk/resources/1037952", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1037952/answer", "answerText" : {"_value" : "
<\/strong><\/p> The Government, through our overseas network, HM Trade Commissioners, and through Ministerial and Trade Envoy visits, works actively to support trade and reduce barriers for UK companies looking to export to Asia by engaging with the region\u2019s governments and business sectors. Recently we\u2019ve secured market access for UK dairy products to China, worth £240m over five years, and beef and lamb to Japan, worth £127m over five years. We are also lobbying multilaterally, establishing a UK Mission to ASEAN in 2019, and are considering the possibility of the CPTPP as a priority FTA once we leave the EU.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/1482", "label" : {"_value" : "Biography information for Graham Stuart"}
}
, "answeringMemberConstituency" : {"_value" : "Beverley and Holderness"}
, "answeringMemberPrinted" : {"_value" : "Graham Stuart"}
, "dateOfAnswer" : {"_value" : "2019-01-16", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-01-16T17:19:46.677Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "202"}
, "answeringDeptShortName" : {"_value" : "International Trade"}
, "answeringDeptSortName" : {"_value" : "International Trade"}
, "date" : {"_value" : "2019-01-08", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Overseas Trade: Asia"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for International Trade, what steps his Department is taking to support UK companies to export to Asia.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4131", "label" : {"_value" : "Biography information for Jim Shannon"}
}
, "tablingMemberConstituency" : {"_value" : "Strangford"}
, "tablingMemberPrinted" : [{"_value" : "Jim Shannon"}
], "uin" : "206359"}
, {"_about" : "http://data.parliament.uk/resources/1037117", "AnsweringBody" : [{"_value" : "Department for International Trade"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1037117/answer", "answerText" : {"_value" : " The UK produces billions of pounds worth of high-quality goods and services each year, and there is a clear demand from around the world for these products with UK exports rising 2.0% (12bn) to £626.4bn<\/strong>, in the 12 months ending October 2018. [ONS UK Trade: October 2018<\/em>]. The Export Strategy, launched in August 2018, sets out how the Government will encourage, inform, connect and finance UK businesses to enable them to take advantage of this international demand.<\/p> <\/p> The Department for International Trade\u2019s offer to UK businesses includes impartial export advice from International Trade Advisors and our overseas network in markets across the world. British businesses are also promoted via the government\u2019s network of Trade Envoys and given assistance in the Midlands and Northern Powerhouse through our Export Champions.<\/p> <\/p> The Department also runs a major UK facing marketing campaign called \u201cExporting is Great\u201d which inspires and encourages business to start exporting and seek new markets. The campaign is UK wide and includes a mobile outreach export hub.<\/p> <\/p> <\/p> DIT is building on the Export Strategy with a whole of Government Approach and has recently enhanced digital service on great.gov.uk which allows business to connect to over 20,000 export opportunities and ensures finance is at the heart of its offer: in 2017/18 UKEF provided £2.5bn in support, helping 191 UK companies sell to 75 markets around the world. 77% of these companies were SMEs.<\/p> <\/p> <\/p>