Oral Answers to Questions

Sally-Ann Hart Excerpts

Thursday 25th February 2021 Commons Chamber

[Mr Jayawardena]

As I have said, we do have a robust arms export control policy in Britain, and it is absolutely right that we maintain our own independent policy. The policies of the United States are a matter for the United States.

[Sally-Ann Hart (Hastings and Rye) (Con) [V]]

The strong British pound and economy attracted significant foreign investment when the UK was a member of the EU. Can my right hon. Friend outline the steps that are being taken to ensure that, as we come out of the EU and out of the pandemic, the UK becomes an even more attractive place to invest, increasing quality jobs and helping to turbocharge our economy?

[Greg Hands]

I thank my hon. Friend for that question. She is absolutely right; the UK is a great place to invest. The UK was the first major economy to make a breakthrough in attracting foreign investment, under Margaret Thatcher, now four decades ago. The UK has remained an extremely attractive place to invest since. In November the Prime Minister announced a new Office for Investment, jointly led by No. 10 and the Department for International Trade.