Written Question·Department for Business and Trade·UIN 59374

Office for Investment: Finance

Tabled: 12 June 2025
Answered: 17 June 2025
Named Day

Question

Dame Harriett Baldwin

ConservativeWest Worcestershire

To ask the Secretary of State for Business and Trade, what budget was allocated to the Office for Investment in the spending review 2025.

Answer

Sarah Jones
£3.8 billion was allocated to The Department for Business and Trade as part of the Spending Review, which includes funding for the Office for Investment (OfI). As set out previously, (9th June), the OfI's budget for FY 2025/6 is £24,671,291.