HC Deb 25 May 2004 vol 421 c1565W
Mr. Stephen O'Brien

To ask the Secretary of State for Trade and Industry if she will make a statement on the numbers of jobs that were(a) created and (b) safeguarded as a result of Invest-UK activities in each year between 2000 and 2003. [174690]

Mr. Mike O'Brien

The following figures are UK Trade and Investment's assisted inward investors' estimates of job creation in the first three years of their investments:

Jobs created Jobs safeguarded
2000–01 15,857 6,624
2001–02 4,299 1,252
2002–03 5,669 3,048

In addition UKTI provides funding to the Regional Development Agencies (RDAs), and publicises the UK generally as a good destination for inward investors. Inward investors' estimates of the total number of jobs created and safeguarded is as follows:

Jobs created Jobs safeguarded
2000–01 71,168 52,359
2001–02 35,362 24,069
2002–03 34,850 20,265