Oral Question·Department for Business and Trade
“What assessment he has made of the effectiveness of the UK in attracting international investment.”
Tabled: 23 January 2025Answered: 30 January 2025
Asked by
Steve Race
Labour — Exeter
Answering Minister
the Secretary of State for Business and Trade
Answer from Hansard
The Minister for Industry (Sarah Jones)
Through increased inward investment, we can innovate, create jobs and deliver on our growth mission to become the fastest-growing nation in the G7. We have wasted no time: on top of the £63 billion raised at our international investment summit, our new national wealth fund has already leveraged £1.6 billion of private sector investment, and we have outlined ambitious plans for planning reform alongside a modern industrial strategy to secure record levels of investment.