Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps he plans to take to help encourage private sector investment in Northern Ireland.

The UK’s Modern Industrial Strategy sets out our key policies to drive growth and investment in every region across the UK. In addition to a range of sector initiatives, Northern Ireland will receive £30 million through the Local Innovation Partnerships Fund to drive transformative innovation in the Belfast and Derry/Londonderry corridor. We will also continue to work with the Northern Ireland Executive to establish the Enhanced Investment Zone. The Regional Investment Summit, taking place in October 2025 will showcase our regional economies and drive investment across the entirety of the UK.