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Lord Howell of Guildford (Con)

Speaking in the House of Lords on 5 December 2024

Debate

Economic Productivity

Contribution

My Lords, in the 1970s, we attracted enormous increases in productivity by also attracting vast quantities of Japanese inward investment, which saved our motor industry. Now, unfortunately, our motor industry needs saving again. Could we concentrate on attracting FDI by having the kind of Budget that really makes international investors keen to invest here on a scale much larger than anything that has come before?

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