L

Lord Fox (LD)

Speaking in the House of Lords on 10 March 2026

Debate

Foreign Direct Investment

Contribution

My Lords, the Minister is no doubt aware of recent research published by King’s Business School late last year which estimates that foreign direct investment is 12% to 18% lower than it would have been had the United Kingdom not left the European Union. Does the Minister agree with me that the best way to make his job to attract investment into this country easier is for us to eliminate from our economy many of the bad things that Brexit brought, as quickly as possible? We could start by negotiating a customs union.

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