Foreign Investment in UK

Department for Business, Innovation and Skills written question – answered on 12th January 2016.

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Photo of Lord Mawson Lord Mawson Crossbench

To ask Her Majesty’s Government what practical actions they are taking to promote and encourage inward investment into the Lower Lea Valley.

Photo of Lord Maude of Horsham Lord Maude of Horsham The Minister of State, Department for Business, Innovation and Skills, The Minister of State, Foreign and Commonwealth Office

UK Trade and Investment (UKTI) has overall responsibility for attracting foreign direct investment (FDI) into the UK. For investors with an interest in London it shares leads with London & Partners (London’s promotional organisation) to land those investors here in what is a very competitive international market for FDI.

The Mayor of London is also responsible for attracting FDI into London and as such London & Partners also generates its own leads.

As part of its ‘UK First’ approach to attracting inward investment, UKTI actively supports these efforts and those of London Councils, including those that cover the Lower Lea Valley.

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