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Energy: Foreign Investment in UK

Question for Department for Business, Energy and Industrial Strategy

UIN 133003, tabled on 30 December 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has received from energy providers based overseas on the effect of the UK-EU Trade and Cooperation Agreement on their investment plans in the UK.

Answered on

18 January 2021

The UK is one of the most open environments for investment across the world. According to the OECD, the UK is the third least restrictive nation amongst the G20. The UK-EU agreement will provide certainty and transparency to EU investors operating in the UK, and vice-versa.