Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential contribution of foreign sovereign wealth funds to the Government’s strategy for attracting long-term investment into the UK economy.

The Government recognises the important role that foreign sovereign wealth funds play in supporting long-term investment in the UK. The UK continues to attract significant investment from sovereign wealth funds, including through strategic partnerships with funds from the Gulf region. This includes a recent £2 billion investment partnership with Bahrain to support sectors such as clean energy, technology, and manufacturing. This investment contributes to economic growth, job creation, and the development of key infrastructure across the country.