Question to the Department for International Trade:
What recent assessment he has made of trends in the level of inward foreign direct investment.
With your permission Mr Speaker I will answer question 10 together with questions 13. The UK remains the top destination in Europe, and third in the world for foreign direct investment. By the end of 2017, UK inward FDI stock levels reached £1,337bn, a record for the UK.
In addition to publishing annual analysis of DIT’s FDI performance as Official Statistics, we recently published one of the most comprehensive analyses of the economic impact of FDI in the world, highlighting the benefits of FDI to the UK.