Question to the Department for Business and Trade:
To ask His Majesty's Government which areas of the United Kingdom have experienced the largest decreases in foreign investment since 2023; and what steps they are taking to ensure the even distribution of foreign investment throughout the UK.
DBT Official Statistics on inward investment show that FDI project numbers into the UK fell from 2023/24 to 2024/25, with London seeing the largest drop and the East of England recording the biggest percentage decline. Year-on-year changes remain volatile and should be interpreted cautiously.
To attract investment, mayoral strategic authorities are delivering growth plans aligned with local strengths and clear pipelines. Our strategy focuses on enhancing infrastructure, skills, and sector clusters to make all UK regions competitive for long-term foreign investment.