The Department for International Trade (DIT) is leading on Government\u2019s shared intent to safeguard the UK\u2019s position as a world-leading destination for Foreign Direct Investment (FDI).<\/p>
<\/p>
The UK continues to have many strengths that attract investors: an open, liberal economy, world-class talent and a business-friendly environment. The most recent data from the United Nations Conference on Trade and Development (UNCTAD) ranked the UK as third globally for FDI in 2018\u2014and the number one destination in Europe, ahead of Germany.<\/p>
<\/p>
DIT is supporting investment into UK communities by targeting promotional support towards projects with the greatest potential to maximise national wealth and value for investors. We also remain committed to ensuring that the UK continues to be a competitive destination for foreign investment\u2014and are working with Government colleagues to develop policies to improve the UK business environment and ensure the UK continues to be one of the most attractive places in which to work and invest.<\/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" : "2019-07-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-22T15:22:31.537Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-07-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "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 steps he is taking to protect foreign investment in the UK ahead of the the UK leaving the EU on 31 October 2019.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4139", "label" : {"_value" : "Biography information for Ian Lavery"} } , "tablingMemberConstituency" : {"_value" : "Wansbeck"} , "tablingMemberPrinted" : [{"_value" : "Ian Lavery"} ], "uin" : "278506"} , {"_about" : "http://data.parliament.uk/resources/1130857", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1130857/answer", "answerText" : {"_value" : "
The Department for International Trade promotes the UK as a foreign direct investment (FDI) destination across our entire global network, with dedicated specialist support for investors across the world. We will continue to demonstrate the UK\u2019s strengths, including an open, liberal economy, a business-friendly environment and a world-class talent.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4169", "label" : {"_value" : "Biography information for Viscount Younger of Leckie"} } , "answeringMemberPrinted" : {"_value" : "Viscount Younger of Leckie"} , "dateOfAnswer" : {"_value" : "2019-06-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-24T15:51:10.603Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "202"} , "answeringDeptShortName" : {"_value" : "International Trade"} , "answeringDeptSortName" : {"_value" : "International Trade"} , "date" : {"_value" : "2019-06-10", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Foreign Investment in UK"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government what steps they are taking to help attract foreign direct investment into the UK after Brexit.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1796", "label" : {"_value" : "Biography information for Lord Taylor of Warwick"} } , "tablingMemberPrinted" : [{"_value" : "Lord Taylor of Warwick"} ], "uin" : "HL16224"} , {"_about" : "http://data.parliament.uk/resources/1088609", "AnsweringBody" : [{"_value" : "Department for International Trade"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1088609/answer", "answerText" : {"_value" : "
With your permission Mr Speaker I will answer question 10 together with questions 13. The UK remains the top destination in Europe, and third in the world for foreign direct investment.\u202f By the end of 2017, UK inward FDI stock levels reached £1,337bn<\/strong>, a record for the UK.<\/p> <\/p> In addition to publishing annual analysis of DIT\u2019s FDI performance as Official Statistics, we recently published one of the most comprehensive analyses of the economic impact of FDI in the world, highlighting the benefits of FDI to the UK.<\/p>"}
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], "questionText" : "What recent assessment he has made of trends in the level of inward foreign direct investment.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/44", "label" : {"_value" : "Biography information for Sir David Amess"}
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, {"_about" : "http://data.parliament.uk/resources/1088611", "AnsweringBody" : [{"_value" : "Department for International Trade"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1088611/answer", "answerText" : {"_value" : " With your permission Mr Speaker I will answer question 10 together with questions 13. The UK remains the top destination in Europe, and third in the world for foreign direct investment.\u202f By the end of 2017, UK inward FDI stock levels reached £1,337bn<\/strong>, a record for the UK.<\/p> <\/p> In addition to publishing annual analysis of DIT\u2019s FDI performance as Official Statistics, we recently published one of the most comprehensive analyses of the economic impact of FDI in the world, highlighting the benefits of FDI to the UK.<\/p>"}
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], "questionText" : "What recent assessment he has made of trends in the level of inward foreign direct investment.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1545", "label" : {"_value" : "Biography information for David T C Davies"}
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, {"_about" : "http://data.parliament.uk/resources/1086495", "AnsweringBody" : [{"_value" : "Department for International Trade"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1086495/answer", "answerText" : {"_value" : " The UK retains the top position in Europe across, FDI projects, new jobs and greenfield capital expenditure.<\/p> <\/p> The Department annually publishes its FDI performance as Official Statistics and has published one of the most comprehensive analyses of the economic impact of FDI in the world.<\/p> <\/p> The links to each publication are as follows:<\/p>