Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps he is taking to increase private investment as a proportion of GDP.

Investment is at the heart of the government’s growth mission, increasing the number of good, well-skilled jobs and improving productivity across the country. The Department for Business and Trade works with all investor-facing business units to deliver support for the highest-value, highest-impact FDI projects into the UK. DBT officials work on a daily basis with businesses of all sizes to ensure a close partnership between government and business, and to showcase the multitude of investment opportunities the UK has to offer.

The Industrial Strategy Green Paper (published 14 October) sets out a credible, 10-year plan to deliver the certainty and stability businesses need to invest in UK.

The government also hosted an international investment summit in October 2024 where nearly 38,000 jobs across the country were announced alongside a record-breaking £63 billion of investment.