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Industry: Finance

Asked by Ben Obese-JectyConservativeDepartment for Business, Innovation, Science and TradeTabled Answered 3 September 2026UIN 23104

The question

To ask the Secretary of State for Business, Innovation, Science and Trade, on what date did HM Treasury provide final approval for the Strategic Sites Accelerator programme.

Answered by Department for Business, Innovation, Science and Trade

The Strategic Sites Accelerator programme has not yet received final programme approvals. The Office for Investment has carried out significant preparatory work, including a wide market engagement and procuring a National Delivery Partner and is working closely with the National Wealth Fund to establish the programme, with approvals currently expected in September 2026. Timelines have been impacted by the reorganisation of capital budgets across Government following the Defence Investment Plan. We continue to work with HM Treasury and delivery partners to secure the necessary approvals and deliver the programme.

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