Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent progress his Department has made on securing business investment in the UK.
Earlier this year, the Government secured £28.5 billion from Australian Investors for clean energy, technology and infrastructure. In addition, the Government has provided support to attract significant investment in manufacturing including Airbus’ August announcement of a £100m investment in Broughton to increase their wing production capacity. In the Life Sciences sector, the Government has worked to secure over £80 million R&D investment by Smith and Nephew into their manufacturing facility in Melton near Hull.