Foreign Investment in UK
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to encourage international investment across the UK.
Answered by Sarah Jones
Attracting investment is one of the key pillars to the Government’s growth mission and is vital to helping address the challenge of achieving sustained growth, improving productivity and increasing the number of good, well-skilled jobs across the country. At the International Investment Summit, we secured £63bn worth of investments across the whole of the UK, creating nearly 38,000 jobs. On top of this we have launched Invest 2035, our vision for a modern Industrial Strategy “Invest 2035”: a credible, 10-year plan to deliver the certainty and stability businesses need to invest.
As an example of the many steps we are taking to encourage investment, we have today (12th November) launched the Clean Industries Bonus which will encourage investment in renewable energy projects.
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