UK Trade and Investment (UKTI) has overall responsibility for attracting foreign direct investment (FDI) into the UK. For investors with an interest in London it shares leads with London & Partners (London\u2019s promotional organisation) to land those investors here in what is a very competitive international market for FDI.<\/p>
The Mayor of London is also responsible for attracting FDI into London and as such London & Partners also generates its own leads.<\/p>
As part of its \u2018UK First\u2019 approach to attracting inward investment, UKTI actively supports these efforts and those of London Councils, including those that cover the Lower Lea Valley.<\/p>
"}
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, "date" : {"_value" : "2015-12-10", "_datatype" : "dateTime"}
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, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty\u2019s Government what practical actions they are taking to promote and encourage inward investment into the Lower Lea Valley.", "registeredInterest" : {"_value" : "true", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3830", "label" : {"_value" : "Biography information for Lord Mawson"}
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], "uin" : "HL4481"}
, {"_about" : "http://data.parliament.uk/resources/437016", "AnsweringBody" : [{"_value" : "Department for Business, Innovation and Skills"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/437016/answer", "answerText" : {"_value" : "
The Mayor of London is responsible for economic development in London, as well as housing policy and delivery and strategic planning. These responsibilities come together through the statutory London Plan. Thus it is for the Mayor and the Greater London Authority, working with the relevant London boroughs, to make the most of the important opportunities provided by the developments in East London Tech City and the Lower Lea Valley.<\/p>
"}
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], "questionText" : "To ask Her Majesty\u2019s Government what steps they are taking to connect the building developments in East London Tech City with the developments in the Lower Lea Valley.", "registeredInterest" : {"_value" : "true", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3830", "label" : {"_value" : "Biography information for Lord Mawson"}
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This Government has saved businesses £2.2bn per annum by cutting regulation through One-in, One-out (later One-in, Two-out) and the Red Tape Challenge. These savings are set out in the Ninth Statement of New Regulation, and have been independently validated by the Regulatory Policy Committee. The Statement can be found at: https://www.gov.uk/government/publications/one-in-two-out-ninth-statement-of-new-regulations<\/a><\/p> <\/p> <\/p> <\/p> The \u2018One-in, One-out\u2019 rule introduced by this Government was introduce to stem the flow of disproportionate regulation by requiring departments to find £1 of regulatory saving to business for every £1 of new regulatory cost. In 2013, we increased our ambition even further by doubling the rule to \u2018One-in, Two-out\u2019. Through the Red Tape Challenge, we have tackled the stock of unnecessary, over-complicated and burdensome regulation. Our starting point has been that regulation should go unless there is good justification for the Government to be involved.<\/p> <\/p> <\/p> <\/p> This combined approach to challenging the stock and flow of regulation has made a difference to business experience of red tape in the UK. This is illustrated in the World Economic Forum\u2019s recent ranking of the UK as having the lowest perceived burden of regulation in the G7, a substantial improvement from 2010, when the UK had the third highest perceived burden of regulation in the G7.<\/p> <\/p>"}
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, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty\u2019s Government what assessment they have made of how effective their policy to reduce red tape has been; and what evidence they have to support those conclusions.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3830", "label" : {"_value" : "Biography information for Lord Mawson"}
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