PARLIAMENTARY WRITTEN QUESTION
Foreign Investment in UK (21 May 2018)
Question Asked
To ask the Secretary of State for International Trade, what assessment he has made of the trends of UK inward and outward direct foreign investment between 2016 and 2017.
Asked by:
Judith Cummins (Labour)
Asked by:
Judith Cummins (Labour)
Answer
2016/17 was a record year for FDI projects coming into the UK. There was also an increase in inward FDI stock from 2016 to 2017 (OECD, FDI in Figures 2018). Both of these indicators demonstrate the attractiveness and stability of the investment environment in the UK.
UK outward FDI was £37 billion in 2016 (ONS), it is estimated that this has increased to £78 billion in 2017 (UNCTAD provisional estimate).
Answered by:
Graham Stuart (Conservative)
24 May 2018
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