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Inward investment assessments are inadequate, government admits

The government has conceded that the way it assesses inward investment trends is inadequate and has committed to working with the Office of Nation al Statistics to address shortcomings.  It made the admissions in a response last week to a report by the House of Commons’ international trade committee, which highlighted the problem.

But committee chair Angus Brendan MacNeil said the government has completely ignored the committee’s request that it address investment that is ‘driven by aggressive asset-stripping or tax avoidance’.