(6 years, 10 months ago)
Commons ChamberThe 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.
(8 years, 1 month ago)
Commons ChamberNo. 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.
3. What steps he is taking to support infrastructure development in the west midlands.