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house of lords official report - United Kingdom Parliament

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WS 71 Written Statements<br />

[LORDS]<br />

Written Statements<br />

WS 72<br />

that it would shortly be issuing a communication on<br />

the matter; a <strong>report</strong> from the presidency on the ministerial<br />

conference entitled Safer Internet for Children (Prague,<br />

20 April 2009), where the Commissioner thanked the<br />

presidency for an important conference; and “Internet<br />

Governance: The Next Steps”, where, Commissioner<br />

Reding noted the imminent publication <strong>of</strong> a<br />

communication addressing, among other issues, the<br />

future <strong>of</strong> ICANN (Internet Corporation for Assigned<br />

Names and Numbers).<br />

Scottish and Northern Ireland Banknotes<br />

Statement<br />

The Financial Services Secretary to the Treasury<br />

(Lord Myners): My honourable friend the Exchequer<br />

Secretary to the Treasury (Kitty Ussher) has made the<br />

following Written Ministerial Statement.<br />

Today I am publishing a consultation document on<br />

secondary legislation made under Part 6 <strong>of</strong> the Banking<br />

Act 2009, regarding arrangements underpinning the<br />

commercial issuance <strong>of</strong> Scottish and Northern Ireland<br />

banknotes. Copies <strong>of</strong> the document, entitled The Banking<br />

Act 2009 (Scottish and Northern Ireland Banknotes)<br />

Regulations 2009: A Consultation, have been deposited<br />

in the Library <strong>of</strong> the House and the Vote Office and<br />

will be available on the HM Treasury website.<br />

Terrorism Act<br />

Statement<br />

The <strong>Parliament</strong>ary Under-Secretary <strong>of</strong> State, Home<br />

Office (Lord West <strong>of</strong> Spithead): My right honourable<br />

friend the Secretary <strong>of</strong> State for the Home Department<br />

(Alan Johnson) has made the following Written Ministerial<br />

Statement.<br />

I am pleased to say that Lord Carlile <strong>of</strong> Berriew QC<br />

has completed his <strong>report</strong> on the operation <strong>of</strong> the<br />

Terrorism Act 2000 and Part 1 <strong>of</strong> the Terrorism Act 2006<br />

in 2008, which will be laid before the House today.<br />

I am grateful to Lord Carlile for his detailed <strong>report</strong><br />

and have considered his recommendations fully. Following<br />

consultation within my department and with other<br />

relevant departments and agencies, I am also pleased<br />

to lay before the House today my response to Lord<br />

Carlile’s recommendations.<br />

Copies <strong>of</strong> both Lord Carlile’s <strong>report</strong> and the response<br />

will be available in the Vote Office.<br />

UK Trade and Investment<br />

Statement<br />

The Minister for Trade and Investment (Lord Davies<br />

<strong>of</strong> Abersoch): With my right honourable friend, the<br />

Secretary <strong>of</strong> State for Foreign and Commonwealth<br />

Affairs, I am pleased to inform the House that in these<br />

difficult times for the global economy, the UK is<br />

maintaining its status as a world-class business destination.<br />

UK Trade and Investment has announced today, in<br />

its launch <strong>of</strong> UK Inward Investment Results 2008-09,<br />

that there were 1,744 direct investments in the UK by<br />

foreign-owned companies between 1 April 2008 and<br />

31 March 2009, as <strong>report</strong>ed by UK Trade and Investment<br />

and its partner agencies in Scotland, Wales, Northern<br />

Ireland and the English regional development agencies.<br />

This is an increase <strong>of</strong> 11 per cent on the year before<br />

and confirms that international business has continued<br />

to select the UK as the preferred investment location<br />

in Europe, second only globally to the <strong>United</strong> States<br />

<strong>of</strong> America. Through this foreign direct investment,<br />

78,540 new and safeguarded jobs have been delivered<br />

to the UK.<br />

At a time <strong>of</strong> global economic downturn, inward<br />

investment is a long-term decision for any company<br />

seeking to grow internationally. In the current climate,<br />

more investors are seeking to locate in the UK than<br />

anywhere else in Europe, helping to underpin the<br />

long-term economic prospects <strong>of</strong> the UK’s business<br />

environment. The number <strong>of</strong> new projects has increased<br />

by 26 per cent from 653 in 2007-08 to 827 in 2008-09<br />

and there were 460 expansions by existing investors,<br />

up by 5 per cent from 436 the previous year. In line<br />

with reduced global market liquidity, the number <strong>of</strong><br />

acquisitions, joint ventures and mergers taking place<br />

is down 6 per cent from 484 in 2007-08 to 457 in<br />

2008-09.<br />

Companies are seeking to invest internationally<br />

earlier in their life cycles than at any time previously to<br />

fund their growth. The UK has positioned itself as a<br />

springboard for global growth for companies seeking<br />

to grow both in the UK and internationally from a<br />

UK base. UK Trade and Investment is the government<br />

organisation leading support for such companies in<br />

the international business environment.<br />

I am arranging for a copy <strong>of</strong> the UK inward<br />

investment <strong>report</strong> 2008-09 to be placed in the Library<br />

<strong>of</strong> the House.

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