§ Mr. CoxTo ask the Secretary of State for Trade and Industry what the level of foreign investment in the Greater London area has been in each of the last three years. [33557]
962W
§ Ms HewittThe figures in the table are based on information provided by companies at the time of the announcement of the decision to invest in the UK. They are based on the companies' best estimate, at that time, of the number of new jobs to be created.
There is no requirement to notify inward investment decisions and so the figures include only those projects where Invest UK and its regional partners were involved or which have come to their notice.
London region Number of projects Number of new jobs 1998–99 105 4,125 1999–2000 159 7,200 2000–01 222 8,306 Total 586 19,631