Foreign Investment in UK: Fiscal Policy
(asked on 31st January 2024) - View Source
Question to the HM Treasury:
What recent assessment he has made of the impact of his fiscal policies on levels of foreign direct investment into the UK.
This question was answered on 6th February 2024
The UK has the second highest level of greenfield inward investment in the world, behind only the US. The UK remains an attractive destination thanks to our competitive tax regime, world-leading regulatory and legal system, and exemplary academic institutions.
This success was demonstrated at last year’s Global Investment Summit, where the PM announced £29.5bn of investment into the UK.