Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to the About Us page for the Office for Investment on gov.uk, updated on 8 November 2024, when he plans to set out further details on the expanded Office for Investment; and when that expanded office will be operational.

The Office for Investment (OfI) has remained operational throughout this period, continuing to lead efforts to secure high-value investment into the UK — such as through its role in landing the major investment partnership worth £24 billion between The Crown Estate and Lendlease and the multibillion-pound investment by Universal in a new theme park and resort in Bedford. The expanded OfI will be operational by the end of May. The Department remains committed to continuously improving its approach to attracting and delivering transformational investment that supports UK growth and innovation.