HC Deb 19 March 1996 vol 274 cc109-10W
Mr. Renton

To 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. Oppenheim

According 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:

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.