Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Amanda Milling

Tuesday 24th October 2017 Commons Chamber

[Mr Philip Hammond]

The hon. Gentleman will see, if he looks at that revision, that the cause is lower-than-anticipated returns on UK investment stocks held overseas, principally returns on mining and petroleum-related activities.

[Amanda Milling (Cannock Chase) (Con)]

T5. The location of Rugeley B power station is a large strategic site in the west midlands. Will my hon. Friend join me in urging all the parties involved in the redevelopment to be ambitious, bold and visionary, and will he outline what Government assistance is available to attract innovative high-tech businesses?

Oral Answers to Questions

Debate between Lord Hammond of Runnymede and Amanda Milling

Tuesday 19th July 2016 Commons Chamber

[Mr Hammond]

No. The UK remains very much open to foreign investment, but we are very clear that we want investors who will invest in British technology, British jobs and businesses headquartered, based and directed from the UK. We are not open to asset-strippers.

[Amanda Milling (Cannock Chase) (Con)]

3. What steps he is taking to support infrastructure development in the west midlands.