HC Deb 07 February 1997 vol 289 cc736-7W
Mr. Flynn

To ask the President of the Board of Trade what has been the (i) value of inward investment located in Britain and (ii) number of inward investment jobs which have come to Britain from (a) Gibraltar, (b) Italy, (c) Malta, (d) France, (e) Scotland, (f) the Netherlands, (g) Sweden, (h) the Azores, (i) Bermuda, (j) the USA, (k) Mexico, (l) Jamaica, (m) the Lesser Antilles, (n) the Windward Islands, (o) the Leeward islands, (p) Portugal, (q) Greece, (r) Cyprus, (s) Russia, (t) Egypt, (u) Saudi Arabia, (v) the UAE, (w) India, (x) the Yemen, (y) Finland, (z) Denmark, (aa) Grand Canary, (bb) Ivory

New jobs
Country 1991–92 1992–93 1993–94 1994–95 1995–96
Denmark 149 654 60 150 296
Finland 13 27 0 225 623
France 1,533 362 1,836 1,409 2,348
Germany 2,274 2,264 1,567 4,811 5,613
India 20 0 0 11 0
Italy 174 427 83 57 327
Netherlands 691 509 780 115 378
Portugal 52 0 0 0 15
Saudi Arabia 0 0 56 0 100
South Africa 0 300 0 34 32
Sweden 314 291 617 281 384
USA 8,375 8,485 15,267 13,285 20,922
Yemen 141 0 0 0 0
Source:
IBB Database.
£ million
Country 1990 1991 1992 1993 1994
Denmark 1,610 396 1,261 656 195
Finland 36 8 53 -41 42
France 1,551 1,333 802 -35 655
Germany 1,610 396 1,261 656 195
Greece -2 -3 — — —
India 1 1 2 21 -8
Italy -43 45 -38 82 179
Mexico -2 — — — —
Netherlands 2,085 2,334 1,135 1,245 1,691
Portugal -9 1 7 - 8
Russia (USSR) -27 -12 -68 50 —
Sweden 1,658 5 129 -55 37
USA 5,094 1,878 3,748 5,144 1,873
Note:
1. These flow figures include UK disposals by foreign companies. Flow figures are volatile and fluctuate year to year in part due to the cyclical nature of reinvestment profits and of mergers and acquisition actively.
2. The negative flow figures represent disinvestment in the UK by inward investors. An inward investor may for example sell a UK based company to a UK investor. This is not outward investment but negative investment.
3. Figures on a FY basis are not available.
Source:
International Direct Investment Statistics Yearbook, 1996, OECD.