Foreign Investment in UK

Department for International Trade written question – answered on 8th September 2016.

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Photo of Andrew Slaughter Andrew Slaughter Labour, Hammersmith

To ask the Secretary of State for International Trade, what steps he is taking to retain current inward investors in the UK after the UK leaves the EU.

Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade

Holding answer received on 07 September 2016

The UK remains the most attractive place in Europe to invest in. As well as attracting new projects, this Department already focuses substantial effort on retention of our existing investors and supporting them to grow and remain in the UK to maximise wealth creation. On 5th September 2016, the Directorate General within DIT responsible for inward investment moved to a new, more focussed operating model to deliver inward investment, which will push this agenda and provide more focussed support than ever before to retain our inward investors.

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