Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government how much of the £63 billion of inward investment announced as a result of the International Investment Summit had been previously identified or announced.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
The International Investment Summit resulted in £63 billion of private investment commitments. It will see billions of pounds flowing into our tech, digital, manufacturing and life sciences sectors, spurring growth in all four nations of the United Kingdom and creating almost 38,000 new jobs in the process.
Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government whether any inducements were offered, discussed or agreed to persuade DP World to attend the International Investment Summit.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
No benefits – financial or otherwise – were offered, discussed or agreed to persuade DP World to attend the International Investment Summit.
Asked by: Lord Leigh of Hurley (Conservative - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government how many licences for arms export to Israel were granted in (1) July, and (2) August; and how those numbers compare to the number granted in the first half of 2024.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
The UK operates one of the most transparent export licensing systems in the world. We publish quarterly and annual statistics on all our export licensing decisions, including information on export licences granted, refused and revoked. On 11 June 2024, we published an ad hoc data release on export licensing relating to Israel. That ad hoc release was done due to the exceptional circumstances and the Parliamentary and public interest at the time. Since then, in June 2024, the Government released Official Statistics covering all licensing decisions from July to December 2023. Official Statistics for July and August 2024 have not yet been published. Information covering January to July 2024 are planned to be released by November 2024.