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Foreign Investment in UK

Department for International Trade written question – answered on 29th October 2019.

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Photo of Nicholas Soames Nicholas Soames Independent, Mid Sussex

To ask the Secretary of State for International Trade, which Departments she has directed to be responsible for attracting foreign direct investment.

Photo of Graham Stuart Graham Stuart Parliamentary Under-Secretary (Department for International Trade)

As outlined in the Explanatory Note accompanying the Prime Minister’s Written Ministerial Statement on Machinery of Government changes laid on 18 July 2016, the Department for International Trade is responsible for ‘both inward and outward investment enabling the Government to take a more strategic approach to how both can contribute to UK prosperity and serve the nation’s long-term economic aims’.

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