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Inward Investments

Volume 263: debated on Wednesday 19 July 1995

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To ask the President of the Board of Trade what was the number of jobs created or safeguarded by inward investment in Wales in each year since 1992–93; and if he will make a statement. [34947]

I refer the hon. Member to the reply that I gave on 18 July to the hon. Member for Caernarfon (Mr. Wigley).

To ask the President of the Board of Trade if he will give for each of the statistical regions of England the share of all inward investment projects coming to the United Kingdom in each of the last 10 years as measured by (a) numbers of projects and (b) numbers of jobs to be created. [35170]

[holding answer 18 July 1995]: For the financial years 1984–85 to 1994–95 the proportion of inward investment decisions and number of jobs created in each of the regions of England are as follows:

RegionPercentage of projectsPercentage jobs created
1984–85
East Midlands2.52.2
North east8.35.6
North west13.47.7
South east21.223.6
South west4.25.3
West Midlands6.37.9
Yorkshire and Humberside3.71.0
1985–86
East Midlands5.43.7
North east6.17.5
North west9.28.5
South east22.314.4
South west4.37.0
West Midlands19.721.6
Yorkshire and Humberside3.57.7
1986–87
East Midlands2.81.9
North east10.613.1
North west6.76.0
South east18.512.1
South west3.02.2
West Midlands18.827.1
Yorkshire and Humberside5.61.8
1987–88
East0.50.08
East Midlands3.31.4
North east6.010.3
North west9.05.7
South east16.229.7
South west3.02.6
West Midlands17.610.4
Yorkshire and Humberside7.45.7
1988–89
East0.20.06
East Midlands6.35.1
North east10.610.1
North west11.47.5
South east9.79.0
South west1.71.4
West Midlands21.214.1
Yorkshire and Humberside6.66.5
1989–90
East0.80.8
East Midlands3.49.1
North east10.411.1
North west16.08.5
South east4.02.1
South west1.64.1
West Midlands25.420.3
Yorkshire and Humberside5.05.6
1990–91
East1.61.8
East Midlands3.27.0
North east10.99.0
North west18.49.5
South east4.63.3
South west0.82.4
West Midlands19.519.3
Yorkshire and Humberside7.15.2
1991–92
East3.12.6
East Midlands1.41.3
North east11.016.4
North west21.26.6
South east8.25.1
RegionPercentage of projectsPercentage jobs created
South west2.59.7
West Midlands13.38.4
Yorkshire and Humberside4.87.3
1992–93
East2.42.0
East Midlands2.11.0
North east10.512.9
North west9.05.5
South east6.06.8
South west2.11.5
West Midlands12.98.7
Yorkshire and Humberside13.27.2
1993–94
East3.21.5
East Midlands5.110.5
North east8.87.3
North west7.47.6
South east4.62.9
South west2.73.4
West Midlands19.411.0
Yorkshire and Humberside9.27.6
1994–95
East2.72.2
East Midlands10.18.2
North east8.715.0
North west11.25.3
South east8.58.7
South west4.83.7
West Midlands14.213.0
Yorkshire and Humberside4.86.2

To ask the President of the Board of Trade what was the number of new and safeguarded jobs brought by inward investors into each of the standard regions of the United Kingdom and for the United Kingdom as a whole for each year since 1992–93; and if he will indicate the percentage of the United Kingdom total for each standard region, and the average increase or decrease in proportional terms of this percentage during the last year. [34858]

[holding answer 18 July 1995]: The number of new and safeguarded jobs associated with inward investment decisions in each of the regions of the United Kingdom for each year since 1992–93 are as follows:

RegionNew jobs (percentage)Safeguarded jobs (percentage)
1992–93
East363 (2.0)10,632 (24.2)
East Midlands183 (1.0)405 (0.9)
North east2,312 (12.9)3,210 (7.3)
Northern Ireland2,742 (15.3)1,357 (3.0)
North west992 (5.5)3,763 (8.5)
Scotland4,497 (25.2)4,198 (9.5)
South east1,212 (6.8)6,128 (13.9)
South west285 (1.5)995 (2.2)
Wales2,382 (13.3)4,949 (11.2)
West Midlands1,568 (8.7)2,669 (6.0)
Yorkshire and Humberside1,286 (7.2)5,529 (12.6)
Total17,82243,825
RegionNew jobs (Percentage)Safeguarded jobs (Percentage)
1993–94
East482 (1.5)1,231 (1.7)
East Midlands3,218 (10.5)210 (0.3)
North east2,256 (7.3)3,981 (5.7)
North Ireland3,030 (9.9)601 (0.8)
North west2,322 (7.6)2,312 (3.3)
Scotland7,635 (24.9)4,639 (6.6)
South east916 (2.9)5,950 (8.5)
South west1,065 (3.4)1,112 (1.5)
Wales3,913 (12.8)2,651 (3.8)
West Midlands3,370 (11.0)42,069 (61.7)
Yorkshire and Humberside2,329 (7.6)3,998 (5.7)
UK total30,53669,754
RegionNew jobs (Percentage)Percentage of changeSafeguarded jobs (Percentage)Percentage of change
1994–95
East842 (2.2)+1.71,620 (3.1)+1.4
East Midlands3,028 (8.2)-2.38,642 (16.9)+16.6
North east5,550 (15.0)+7.73,649(7.1)+1.4
Northern Ireland3,138 (8.5)-1.42,008 (3.9)+3.1
North west1,956 (5.3)-2.35,267 (10.3)+7.0
Scotland7,678 (20.8)-14.13,117 (6.0)-0.6
South east3,213 (8.7)-5.814,775 (28.8)+20.3
South west1,386 (3.7)+0.3707 (1.3)-0.2
Wales2,989 (8.1)-4.72,014 (3.9)+0.1
West Midlands4,797(13.0)+2.07,469 (14.6)-47.1
Yorkshire and Humberside2,299 (6.2)-1.41,865 (3.6)-2.1
UK total36,87651,133
The unsually high number of safeguarded jobs for the west midlands in 1993–94 includes those arising from BMW/Rover.The figures are based on the number of projects notified to the Invest in Britain Bureau at the time of the decision to invest. Companies are under no obligation to notify their investment decisions and the figures take not account of subsequent developments.