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Foreign Investment in UK

Asked by Mr Gregory CampbellDemocratic Unionist PartyDepartment for Business and TradeTabled Answered 21 October 2024UIN 9130

The question

To ask the Secretary of State for Business and Trade, what (a) plans for investment in and (b) other plans for UK (i) nations and (ii) regions have been agreed as a result of the international investment summit on 14 October 2024.

Answered by Sarah Jones

At the International Investment Summit we announced a total of £63 billion of investment with nearly 38,000 jobs to be created across the UK. DBT is committed to building on the success of the summit and continuing to attract and retain investment across the whole of the UK. We also announced we will be expanding the Office for Investment to become the UK's investment promotion function. The Office for Investment will work across government and UK nations and regions to drive inward investment and deliver on our collective mission to drive growth across the UK.

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