This question was answered on 8th September 2014
The Foreign and Commonwealth Office undertakes a wide range of activities to establish and maintain contacts throughout its network of over 270 overseas embassies, consulates and other posts. This includes meetings and events hosted for political and business delegations (including those in support of UK Trade and Industry) to promote British interests overseas and the prosperity agenda. For financial years 2012-2013 and 2013-2014, FCO expenditure on official representation and business hospitality undertaken at our overseas posts was £8,539,350.61 and £7,888,008.22 respectively. Any such spending is undertaken for business reasons, and is kept under rigorous scrutiny to ensure value for money and effectiveness and is incurred in accordance with the principles of Managing Public Money and the Treasury handbook on Regularity, Propriety and Value for Money.