Oral QuestionDepartment for Business and Trade

What steps he is taking to encourage investment in businesses.

Tabled: 23 October 2025Answered: 30 October 2025

Asked by

Dr Scott Arthur

LabourEdinburgh South West

Answering Minister

the Secretary of State for Business and Trade

Answer from Hansard

The Secretary of State for Business and Trade (Peter Kyle)

We are delivering bold action to drive investment and growth nationwide. Our modern industrial strategy is cutting red tape, saving businesses nearly £6 billion a year, and unlocking quicker, simpler ways to do business. We are investing £6.6 billion through the British Business Bank to help innovative firms scale, and we are rebuilding our infrastructure with a 10-year strategy, backed by at least £725 billion-worth of Government capital, providing the certainty needed to boost productivity, secure growth and jobs, and deliver sustainable growth right around the United Kingdom.