Science and Technology: Investment

(asked on 27th November 2025) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what consideration they have given to replicating the Office for Investment: Financial Services model for other key strategic sectors identified in the Science and Technology Framework.


Answered by
 Portrait
Lord Stockwood
Minister of State (HM Treasury)
This question was answered on 8th December 2025

The OfI: Financial Services is a bespoke concierge service partnership involving HM Treasury, the OfI, the Financial Conduct Authority, the Prudential Regulation Authority, and the City of London Corporation. It was created to address the particular investment-related needs of the FS sector but was deliberately branded as the OfI to reflect its commonality with the OfI’s remit of sourcing and securing transformational investment. Whilst the Government will always consider the optimum approach to attracting investment, the OfI remains the single front door investment delivery body for the UK. The OfI works closely with DSIT to maximise investment in the Tech sector.

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