§ Mr. WigleyTo 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. OppenheimA 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.
Table A: 1 April 1994 to 31 March 1995 Region Number of projects Total jobs (created/safeguarded) East 12 2,462 East Midlands 44 11,670 North-east 41 15,281 Northern Ireland 23 5,259 North-west 53 7,494 Scotland 81 10,795 South-east 40 18,195 South-west 21 2,093 Wales 51 5,235 West Midlands 62 12,266 Yorkshire and Humberside 25 6,274 Total 453 91,394
1254W
Table B: 1 April 1995 to 18 December 1995 Region Number of projects Total jobs (created/safeguarded) East 2 400 East Midlands 4 353 North East 11 1,095 Northern Ireland 4 237 North West 13 1,276 Scotland 21 2,592 South East 23 10,439 South West 4 1,648 Wales 13 2,215 West Midlands 24 3,613
Table B: 1 April 1995 to 18 December 1995 Region Number of projects Total jobs (created/safeguarded) Yorkshire and Humberside 23 4,394 London1 1 150 N/S22 2 210 Total 145 28,622 1 Figures for London are now separate from those of the South East. 2 Not specifiedp—project will create or safeguard jobs in more than a Single region. 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.