Question to the Department for Business and Trade:

To ask His Majesty's Government what assessment they have made of the reports that foreign direct investment in the United Kingdom has declined in the past year, and what steps they are taking to reverse any decline.

The latest PwC survey of Global CEOs showed the UK is now the second most important destination for international investment after the US – beating Germany, China and India [1]. The FT Report 2025 also reaffirmed our status as the leading destination in Europe for Greenfield FDI in 2024, marking the UK’s second-highest recorded investment level.

Additionally, the Department for Business and Trade has been working at pace to develop an Industrial Strategy based on businesses’ responses to the Invest 2035 Green Paper and ongoing engagement with industry. This strategy builds on the government’s commitment to unleash the full potential of UK cities and regions by attracting investment and fostering an environment where businesses can thrive.

[1] https://www.pwc.co.uk/press-room/press-releases/research-commentary/2024/global-ceos-rank-uk-most-important-market-after-us---pwc-s-28th-.html