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Written Question
Technology: Foreign Investment in UK
Thursday 11th July 2019

Asked by: Gillian Keegan (Conservative - Chichester)

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what recent assessment he has made of trends in the level of foreign direct investment in the UK tech sector.

Answered by Graham Stuart

The latest Tech Nation report showed the UK attracts more VC tech investment than any other European nation, with £6.3 billion raised in 2018. The UK is both a leading global financial hub and an Artificial Intelligence (AI) hub, home to more AI start-ups than any other European country with over 1000 companies and 600 investors.

Last month during London Tech Week, my department announced a further £1.2 billion of new foreign direct investment in the UK tech sector which will create more than 850 jobs.

Speech in Commons Chamber - Mon 14 Jan 2019
European Union (Withdrawal) Act

"It is a pleasure to follow the hon. Member for Walthamstow (Stella Creasy) in this historic debate.

The process of leaving the European Union was designed at the outset to be extremely risky for any member state wishing to exit. Article 50, whether we like it or not, is our …..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: European Union (Withdrawal) Act
Speech in Commons Chamber - Thu 13 Sep 2018
Oral Answers to Questions

"T3. Africado is Tanzania’s biggest exporter of avocados, exporting more than 2,500 tonnes a year to British supermarkets such as Waitrose and Tesco. The project, which was kickstarted by UK aid, has transformed an abandoned coffee plantation into a thriving business that employs 2,000 farmers. Following on from the Prime …..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 13 Sep 2018
Oral Answers to Questions

"Work coaches are critical to the success of the roll-out of universal credit, and the team in Chichester are brilliant, but can my hon. Friend outline what training is available specifically to help work coaches to support women and to spot the underlying issues that victims of domestic violence may …..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Tue 17 Jul 2018
Trade Bill

"Thank you, Mr Speaker, for giving me the opportunity to speak in the debate.

I served on the Committee, and it is clear to me that we should pass the Bill in order to build the legal foundations that we need to support global trade by ensuring that existing trade …..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Trade Bill
Speech in Commons Chamber - Thu 22 Feb 2018
Oral Answers to Questions

"7. What progress he has made on his Department’s overseas direct investment strategy. ..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 22 Feb 2018
Oral Answers to Questions

"What update can the Minister provide on his Department’s overseas direct investment pilots? Will he also explain what opportunities ODI offers to British businesses?..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 11 Jan 2018
Oral Answers to Questions

"3. What steps the Government are taking to ensure that women are able to access high-quality apprenticeships. ..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 11 Jan 2018
Oral Answers to Questions

"The further education college and the university in Chichester offer a wide range of courses giving young people in my constituency access to high-quality apprenticeships. However, I am concerned that only 21% of places for degree-level apprenticeships in digital, tech and management are filled by women. That is the same …..."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions
Speech in Commons Chamber - Thu 06 Jul 2017
Oral Answers to Questions

"10. What steps the Government are taking to reduce the gender pay gap...."
Gillian Keegan - View Speech

View all Gillian Keegan (Con - Chichester) contributions to the debate on: Oral Answers to Questions