Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what guidance his Department is providing to businesses considering relocating overseas on domestic support that businesses might be able to access which could make remaining in the UK a more attractive option; and if he will make a statement.

The UK is one of the best places in the world to start and grow a business as is shown by our position as a leading destination for foreign direct investment. For example , commenting on the publication of the EY 2020 UK Attractiveness Survey, EY’s UK Chief Economist, Mark Gregory, said “The UK’s performance in attracting FDI in the digital economy in 2019 was impressive. The UK is the stand out digital economy in Europe, while UK R&D projects leapt to a decade-high”. Officials in the Department and across the Government stand ready to assist UK businesses keen to grow and make the most of their investments in the UK. Businesses wishing to do so should contact the Department’s enquiry line on 020 7215 5000 where they will receive assistance in contacting the relevant sector team that leads on their sector - in BEIS or in the correct alternative other government department.