Business: Staffordshire
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to support investment in businesses in (a) Newcastle-under-Lyme constituency and (b) Staffordshire.
Answered by Chris McDonald
The Department for Business and Trade supports regional growth by working with local areas to attract private investment, helping business to grow and export, creating jobs and opportunities in Staffordshire and Newcastle-under-Lyme. As part of the recent Office for Investment expansion, we work with local areas, leveraging public finance from institutions like the National Wealth Fund and the British Business Bank, to deliver strategic investments, aligned with the 10-year Infrastructure and Industrial strategies.
Carlsberg Britvic plans to invest £4 million in Staffordshire, supporting hundreds of jobs, and the approval, of the M54-M6 link road, will further boost the local economy.
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