§ Mr. RentonTo ask the President of the Board of Trade what are the most recent figures for inward investment into the United Kingdom over the past five years from(a) within the European Union and (b) outside the European Union; and how many jobs this investment (i) created and (ii) maintained. [21554]
§ Mr. OppenheimAccording to figures notified to my Department's Invest in Britain Bureau for the financial years 1990–91 to 1994–95, the number of projects, new and safeguarded jobs from within and outside the European Union are as follows:
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Number of projects Jobs new Jobs safeguarded EU 1990–91 127 5,141 18,061 1991–92 136 5,772 14,212 1993–93 108 4,550 20,727 1993–94 127 5,031 43,492 1994–951 103 6,930 15,094 Total 601 27,374 111,586 Non EU 1990–91 237 18,679 42,839 1991–92 217 16,801 16,891 1992–93 225 13,272 23,098 1993–94 306 25,610 26,262 1994–95 352 31,421 38,764 Total 1,337 105,783 147,854 1 Figures do not include Austria, Finland and Sweden who joined the European Union in January 1995. All the figures are based on numbers 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 no account of subsequent developments.