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|
|Yorkshire and Humberside||14|
|United Kingdom (undefined region)||2|