HC Deb 25 June 1981 vol 7 cc158-9W
Mr. Dorrell

asked the Secretary of State for Industry how many jobs his Department estimates have been created in the United Kingdom, excluding the oil industry since 1973 through inward industrial investment in the United Kingdom from: United States, Japan, and other European Community member States.

Mr. MacGregor

[pursuant to his reply, 23 June 1981, c. 69]: I regret that information is not available in precisely the form requested. The census of production for 1973 and 1977—the latest date available—provides the following figures for employment in overseas controlled United Kingdom manufacturing establishments—including acquisitions as well as new projects:

For more recent years, the Invest in Britain Bureaux estimate of jobs in manufacturing which it expects to be created in clue course in respect of projects, including expansions, of foreign owned companies known to the IBB, started or firmly decided upon in the years shown, is:

United States of America Japan European Community
Anticipated employment—thousands
1979 3 0.3 3
1980 6 0.8 2

Job creation is, of course, not the only reason for welcoming inward investment; we are also anxious to reduce imports and increase exports, to fill gaps in the United Kingdom's industrial capability and to encourage new technology and managerial skills.

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