Inward Investment

Mr. Wigley
To ask the President of the Board of Trade if he will list for (a) each standard region of the United Kingdom and for (b) the United Kingdom, all inward investment projects published (i) during 1994 and (ii) since January 1995, indicating (1) the number of jobs committed and (2) the amount of gross investment, where published, expressed in pounds sterling at constant prices. [7040]

Mr. Oppenheim
A record number of inward investment projects were notified to the Invest in Britain Bureau in the financial year 1994–95. The regional breakdown of this is as follows.--------------------------
|Region                  |
--------------------------
|East                    |
--------------------------
|East Midlands           |
--------------------------
|North-east              |
--------------------------
|Northern Ireland        |
--------------------------
|North-west              |
--------------------------
|Scotland                |
--------------------------
|South-east              |
--------------------------
|South-west              |
--------------------------
|Wales                   |
--------------------------
|West Midlands           |
--------------------------
|Yorkshire and Humberside|
--------------------------
|Total                   |
--------------------------
------------------
|Region          |
------------------
|East            |
------------------
|East Midlands   |
------------------
|North East      |
------------------
|Northern Ireland|
------------------
|North West      |
------------------
|Scotland        |
------------------
|South East      |
------------------
|South West      |
------------------
|Wales           |
------------------
|West Midlands   |
------------------

--------------------------
|Yorkshire and Humberside|
--------------------------
|London1                 |
--------------------------
|N/S22                   |
--------------------------
|Total                   |
--------------------------

Capital expenditure is not quoted in the preceding tables. This is because the information is not always made available to the Invest in Britain Bureau by the investor. Figures in table (B) should be taken only as indicative, as there is often a delay between a project announcement and official notification reaching the IBB.

IBB figures are based on numbers of projects notified to the IBB at the time of the decision to invest. Companies are under no obligation to notify their investment decisions and the figures take no account of subsequent developments.