Question to the Department for Business and Trade:
To ask His Majesty's Government what plans they have for scaling up and strengthening the role of the Office for Investment.
At the International Investment Summit, the Prime Minister announced that the Office for Investment would be scaled up to help secure the investment that drive will growth, job creation, and increase productivity across the UK. This brings together DBT and HMT's investment functions into a joint single unit with clear No.10 sponsorship, tasked with promoting the UK to investors and businesses around the world and attracting more investment into the UK. It will be proactive and entrepreneurial, delivering ambitious projects, and the centre of excellence for attracting and growing investments aligned to the Industrial Strategy and HMG Missions.