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Foreign Investment in UK

Question for Department for Business, Energy and Industrial Strategy

UIN HL13000, tabled on 21 January 2019

To ask Her Majesty's Government what assessment they have made of the impact of Brexit uncertainty on takeovers of UK companies by international investors.

Answered on

4 February 2019

The United Kingdom has a global reputation as a good place to do business. A new business starts up every 75 seconds, and we are home to five of the top 10 fastest-growing businesses in Europe. The OECD ranks us as one of the best places to start and grow a business; we have the most competitive tax rates and we are welcoming to global talent and disruptive start-ups. As of 2017, the United Kingdom had the third highest inward FDI stock in the world ($1.6 trillion). Our Industrial Strategy aims to make Britain the best place to start and grow a business. We will drive productivity in businesses of all sizes by increasing collaboration, building skills and ensuring everyone has the opportunity of good work and high-paying jobs. We will create a business environment equipped for the challenges and opportunities of new technologies and ways of doing business. The UK remains open for business.