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EU Internal Trade: Yorkshire and Humberside

Volume 464: debated on Tuesday 9 October 2007

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how many jobs in (a) Yorkshire and the Humber and (b) York he estimates are dependent on exports to or investment from other EU states. (152208)

No such estimates have been made.

In the year ended March 2007 HM Revenue and Customs recorded exports from Yorkshire and the Humber to the EU totalling £7.2 billion out of a total export figure of £12.3 billion for the region. Exports to the EU therefore accounted for 59 per cent. of the total. This excludes exports of services and lower value exports which are not recorded by HM Revenue and Customs.

On foreign direct investment, there are 595 EU owned companies in Yorkshire and the Humber of which 16 are based in York. Over 1,700 new or safeguarded jobs were generated by new companies investing in Yorkshire and the Humber during 2006-07. Of this figure, investment by companies based in other EU states contributed 202 jobs. However, none of the EU investments were in York.