Foreign Investment in UK
The question
To ask the Secretary of State for Business and Trade, what the conversion success rate for inward investment deals managed by the Office for Investment is since October 2024.
Answered by Sarah Jones
The Office for Investment (OfI) facilitates high-value, strategically important inward investment into the UK. As a dedicated concierge service, it provides a seamless journey for investors, unlocking high-impact opportunities and accelerating delivery of the government’s growth priorities.
Recently expanded to enhance its capabilities, the OfI played a pivotal role in securing the £63 billion announced at the International Investment Summit in October 2024. Since then, it has helped attract billions more across key Industrial Strategy sectors, including from Universal, Vishay, Vantage, Knauf, Rheinmetall, and Lendlease.
A full list of companies cannot be disclosed due to commercial sensitivities.
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