Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment he has made of the role of the UK's tech sector in attracting foreign direct investment.

The Tech Nation 2019 report, states that the UK attracts more VC tech investment than anywhere else in Europe, with £6.3 billion raised in 2018.

During London Tech Week, June 2019, DIT hosted 20 delegations from our international Posts consisting of 600 innovative tech companies keen to invest and scale up in the UK and secured £1.2 billion of new FDI announcements creating 850 new jobs.

Through the AI Sector Deal, this government is actively supporting the development of talent, nationwide, ensuring that this position is strengthened and investment in AI, exceeding £3.8 billion, continues to grow.