Foreign Companies: Procurement

Department for Business, Energy and Industrial Strategy written question – answered on 13th September 2017.

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Photo of Mary Glindon Mary Glindon Shadow Minister (Environment, Food and Rural Affairs) (Farming and Rural Communities)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate the Government has made of the number of foreign companies which use local content in their supply chain; and if he plans to incentivise such companies to use such content.

Photo of Margot James Margot James Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The balance of imported to domestically produced content in supply chains is a commercial matter for the companies concerned.

Through our Industrial Strategy, the government will set out the conditions for all companies to succeed, including those in UK supply chains. Domestic suppliers benefit from investment in a skilled workforce, clear simple regulation and a competitive tax regime, with the aim of making UK businesses producing such content as competitive as possible.

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