World Trade

Part of Oral Answers to Questions — Treasury – in the House of Commons at 10:30 am on 14th June 2007.

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Photo of Gordon Brown Gordon Brown The Chancellor of the Exchequer 10:30 am, 14th June 2007

I am grateful to my hon. Friend. Foreign direct investment in Britain from the rest of the world has been very high indeed. Of company headquarters located in Britain over the past 10 years, about 400 have been located from the rest of the world as regional or world headquarters to Britain. In France, Germany and Ireland the figure is fewer than 100, so we have done well. Maintaining our rate of growth in exports is crucial, as is maintaining business investment at a high level. It is by these means that we will maintain and extend the industrial and services sector of the economy, and hopefully bring additional jobs to my hon. Friend's constituency.