Question to the Department for Business and Trade:

To ask His Majesty's Government what action they are taking to increase foreign direct investment into the UK.

The Government has launched a modern Industrial Strategy, removing barriers to investment and improving access to finance to drive nationwide growth.

The expanded Office for Investment (OfI) offers enhanced commercial expertise and a broader regional presence, working closely with Mayors and Devolved Administrations to connect investors with high-potential opportunities across the UK.

The Government's commitment to wider regulatory reform will ensure that regulation proactively supports economic growth. This includes initiatives such as the Regulation Action Plan, which aims for a 25% reduction in business administration burdens, and embedding a growth duty for regulators. Through AI Growth Zones we will unlock large-scale compute capacity by creating locations where investment can happen quickly and confidently, driving investment and creating thousands of high-quality jobs.