Foreign Investment in UK
The question
To ask the Secretary of State for Business and Trade, with reference to the Harrington Review of Foreign Direct Investment, published on 22 November 2023, what recent progress his Department has made on implementing (a) the recommendation on a concierge service for new investors and (b) other recommendations.
Answered by Sarah Jones
The Government is continuing to deliver on the recommendations set out in the Harrington Review. That includes launching our new, modern Industrial Strategy, that will set out our vision for growth. In parallel, we are expanding the Office for Investment (OfI) which will continue to provide a concierge service for strategically important businesses and investors, with additional commercial capability, and will have a presence across the country, to work with Mayors and Devolved Administrations so that investors have access to the most attractive and commercially credible opportunities in our nations and regions.
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