Written Question·Department for Business and Trade·UIN 123557

Vashi: Fraud

Tabled: 24 March 2026
Answered: 1 April 2026

Question

Rachel Blake

Labour (Co-op)Cities of London and Westminster

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the impact of the Vashi diamonds case on investor confidence in the UK.

Answer

Chris McDonald
The Government has not made a formal assessment of this case; however, the UK continues to be regarded internationally as a strong and attractive destination for investment, underpinned by a robust rule of law, transparent insolvency processes, and a long...

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