Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to help secure more inward investment into the UK.

The UK's foreign direct investment (FDI) stock is largest in Europe, second to the US globally. The Department for Business and Trade (DBT) plays a crucial role in attracting and retaining this investment, present in over 150 countries through international networks. DBT supports investors new to the UK by providing insight on finance, skills and visas. Alongside the Office for Investment, we help investors with site selection, customer connections and market expertise. In 2021/22, DBT supported nearly 1,200 investments worth approximately £7 billion of economic impact over the next three years. The Global Investment Summit 2023 will build on this success, aiming to raise billions of high value investment.