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Inward Investment to UK
Lord Pearson of Rannoch asked Her Majesty's Government:
- Cumulatively, over the six year period 1993-98 inclusive, which 10 countries were the leading inward investors into the United Kingdom; and what percentage of total cumulative inward investment did each country provide over that period (in both cases excluding investment in real estate).[HL891]
Lord McIntosh of Haringey: The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the 10 leading inward investing countries into the United Kingdom over the six years 1993 to 1998. I am replying in Dr Holt's absence.
The only geographical breakdown available is for direct investment. The attached table shows the 10 leading countries in terms of cumulative flows of net direct investment over 1993 to 1998 inclusive, along with the percentage they contribute to the total cumulative net inward direct investment over that period. The figures exclude pure real estate investments by foreign companies.
| Country | Cumulative inward net* direct investment flows 1993-98 £ million | Percentage of total net* inward direct investment into UK |
| USA | 54,893 | 53 |
| Switzerland | 16,206 | 16 |
| Netherlands | 6,659 | 6 |
| Germany | 4,980 | 5 |
| France | 4,775 | 5 |
| Australia | 3,304 | 3 |
| Irish Republic | 2,274 | 2 |
| Belgium & Luxembourg (BLEU) | 1,633 | 2 |
| Bermuda | 1,630 | 2 |
| Norway | 1,162 | 1 |
| Total net* inward direct investment into UK | 103,162 |
*Net of disinvestment (i.e. net of flows from UK subsidiaries to their foreign parents).
Lord Pearson of Rannoch asked Her Majesty's Government:
Lord McIntosh of Haringey: The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the proportion of investment income from abroad (excluding investment in real estate) relative to gross fixed capital formation (excluding dwellings and transfer costs). I am replying in Dr Holt's absence.
The data requested are shown in the table attached and are consistent with those published in the December Balance of Payments First Release and National Accounts First Release. You should note that data for inward investment includes portfolio investment and other financial flows, whereas gross fixed capital formation does not include the acquisition of financial assets.
Source: NPQX, DLXQ, DFDF, EQBY 1995-98 UK Economic Accounts No. 28, 1993 and 1994 ONS Databanks.
Source: Inward Investment, See Background note 1.
Lord Pearson of Rannoch asked Her Majesty's Government:
Lord McIntosh of Haringey: The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Pearson of Rannoch from the Economic Statistics Director of the Office for National Statistics, Mr John Kidgell, dated 11 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on the proportion of investment income from abroad (excluding investment in real estate) relative to the United Kingdom's gross domestic product. I am replying in Dr Holt's absence.
The data requested are shown in the table below and are consistent with those published in the December Balance of Payments First Release and National Accounts First Release. The cumulative total for inward investment (excluding real estate) includes direct, portfolio and other investment.
Source:
Office for National Statistics.
Baroness Anelay of St Johns asked Her Majesty's Government:
Lord McIntosh of Haringey: The two Ministers have not met since 7 December to discuss these issues. My honourable friend the Minister for Tourism, Film and Broadcasting attended the annual awards ceremony of the Women in Film and Television organisation on 7 December, when their report on working conditions
Baroness Anelay of St Johns asked Her Majesty's Government:
Lord McIntosh of Haringey: This is an issue we are watching closely and which we have asked the English Tourism Council to address when developing its strategy to help plan for the longer-term success of the attractions sector. ETC will be working in partnership with the attractions industry and proposes to deliver the strategy to government by September 2000.
Lord Swinfen asked Her Majesty's Government:
Lord Mcintosh of Haringey: The information requested falls within the responsibility of the Director of the Office for National Statistics, who has been asked to reply.
Letter to Lord Swinfen from the Director of Social Statistics of the Office for National Statistics, Mr John Pullinger, dated 14 February 2000.
The Director of the Office for National Statistics (ONS) has been asked to reply to your parliamentary Question on exchange rates. I am replying in Dr Holt's absence.
The values of the pound sterling against the United States dollar, the Japanese yen and the Euro are given in the table below. The rates shown are average daily rates (excluding bank holidays and weekends) as recorded by the Bank of England at around 4 p.m. each day.
Cumulatively, over the six-year period 1993-98 inclusive, what proportion did total inward investment from overseas (excluding investment in real estate) bear to total Gross Domestic Fixed Capital Formation (excluding dwellings and transfer costs on land and buildings).[HL892]
A B A/B
Total Transfer Costs of
GDFCF
Gross non-produced assets
less
Fixed dwellings etc
Inward Capital Public Private NPQX
Investment Formation Sector Sector -EQBY
HBNS Dwellings -DFDF
HBNS CGLO -CGLO NPQX DLXQ DFDF EQBY -DLXQ
1993 163,293 460 162,833 101,230 376 17,124 5,089 78,641 207%
1994 187,575 932 186,643 208,620 725 35,409 10,297 162,189 115%
1995 303,824 1,156 302,668 324,980 851 54,193 15,519 254,417 119%
1996 524,765 1,769 522,996 450,655 984 74,660 22,584 352,427 148%
1997 768,425 2,619 765,806 584,808 1,298 96,678 30,183 456,649 168%
1998 885,600 3,317 882,283 734,065 1,315 121,441 38,002 573,307 154%
Cumulatively, over the six-year period 1993-98 inclusive, what proportion did total inward investment from overseas (excluding investment in real estate) bear to United Kingdom gross domestic product.[HL893]
Cumulative inward investment (excluding investment in real estate) Cumulative Gross Domestic Product at current prices Inward investment (excluding investment in real estate) as a proportion of Gross Domestic Product
£ million £ million %
1993 162,833 637,817 25.5
1994 186,643 1,313,853 14.2
1995 302,668 2,026,401 14.9
1996 522,996 2,781,002 18.8
1997 765,806 3,584,891 21.4
1998 882,283 4,432,311 19.9
What meetings have been held by the Minister for Women with the Minister for Film since 7 December 1999 to discuss how conditions in the film and broadcasting industries affect women in particular; and what action will be taken by the Government as a result of those meetings.[HL715]
What is their response to the evidence in the report, Sightseeing in the UK 1998 (published by the English Tourism Council), that for the first time more attractions are recorded as having closed than those opened as new businesses.[HL904]
Whether they will give in tabular form the values of the pound sterling against the United States dollar, the Japanese yen and the Euro since 1 January 1999.[HL933]
Japanese
US $ Yen Euro
1999 January 1.6509 187.07 1.4236
1999 February 1.6276 189.69 1.4534
1999 March 1.6220 193.82 1.4902
1999 April 1.6105 192.61 1.5051
1999 May 1.6154 197.22 1.5186
1999 June 1.5950 192.57 1.5374
1999 July 1.5748 188.11 1.5205
1999 August 1.6073 182.19 1.5146
1999 September 1.6243 173.74 1.5458
1999 October 1.6571 175.66 1.5490
1999 November 1.6214 169.69 1.5706
1999 December 1.6132 165.70 1.5953
2000 January 1.6402 172.89 1.6201
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