Employment Trends

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 7th June 2016.

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Photo of Damian Hinds Damian Hinds The Exchequer Secretary 12:00 am, 7th June 2016

We have modelled the effect on foreign direct investment. One does not have to believe that people currently in the UK would leave. All one has to consider in relation to the detrimental impact on the UK is what will happen to foreign direct investment in the future. There are many good reasons to invest in Britain, but we know that 72% of firms that invest in this country say that our membership of the European Union is a key factor.