Hansard

Inward Investment

Volume 700: debated on Wednesday 23 April 2008

Download text
Back to top Previous debate Next debate
Lord Maginnis of Drumglass

asked Her Majesty's Government:

What ethical standards they apply to inward investment; whether such principles take account of living standards and human rights in countries investing in the United Kingdom; and what procedures, if any, exist to monitor where inward investment comes from. [HL2774]

The Minister of State, Foreign and Commonwealth Office & Department for Business, Enterprise and Regulatory Reform
(Lord Jones of Birmingham)

The Government monitor inward investment by country of origin using project and financial data.

The Government's approach to corporate responsibility applies to inward investors as it does to all UK-based companies.