Business: Investment

(asked on 12th April 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps she is taking to help increase business investment in (a) Lincolnshire and (b) the East Midlands.


Answered by
Alan Mak Portrait
Alan Mak
Minister of State (Department for Business and Trade) (jointly with the Cabinet Office)
This question was answered on 22nd April 2024

The Government-owned British Business Bank is supporting business investment across the UK including through its Nations and Regions Investment Funds. This includes the £400m Midlands Engine Investment Fund II, supporting growing businesses across the Midlands.

Our Growth Hub network is also supporting businesses of all sizes and sectors across England. The Department for Business and Trade is working across the UK, including in Greater Lincolnshire to showcase strong, commercial investment opportunities to potential investors and support business to grow. The Government has also agreed a £720 million mayoral devolution deal for Greater Lincolnshire to support growth and business investment.

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