Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of the amount of capital in the United Kingdom being invested overseas, particularly in the United States of America; and whether they intend to introduce measures to encourage greater investment within the United Kingdom.
The total stock of UK assets invested abroad was £13.4 trillion in 2023 according to the ONS Pink Book of this £4.7 trillion was invested in the United States. While the total stock of foreign investment in the UK was £14.1 trillion in 2023. The UK government promotes and facilitates inward foreign direct investment in the UK through the newly expanded Office for Investment (OFI), FDI leads to direct economic benefits for the UK. The UK allows free movement of international capital, both inward and outward investment can lead to business opportunities, higher economic growth and higher investment returns.