Skip to main content

Foreign Companies: Takeovers

Question for Department for Business, Energy and Industrial Strategy

UIN 64187, tabled on 17 February 2017

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the effect of foreign company takeovers on the UK economy.

Answered on

22 February 2017

The UK is one of the world’s top destinations for inward investment. As part of that, mergers can bring real benefits to consumers and the economy through higher growth, greater innovation and increased productivity.

Answered by

Department for Business, Energy and Industrial Strategy