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Inward Investment

Volume 174: debated on Monday 18 June 1990

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To ask the Secretary of State for Trade and Industry what information he has on the number of companies which have announced inward investment projects in the United Kingdom over the past 12 months; and which regions have most benefited from the projects.

According to the latest figures readily available to the Invest in Britain Bureau, in the 12 months ending March 1990, 304 inward investment decisions were made to locate in the United Kingdom. These included the establishment of a new business, expansion or acquisition of an existing business and involvement in joint venture. The figures are based on information provided by the companies themselves at the time of the investment and do not take into account subsequent developments. The table sets out the number of inward investment decisions broken down on a regional basis.

Regional breakdown of inward investment decisions in the 12 months to March 1990
Number
Scotland35
Wales31
Northern Ireland23
North East36
North West43
Yorkshire and Humberside14
East Midlands12
West Midlands86
South East16
South West6
United Kingdom (undefined region)2
TOTAL304