Business: Investment

(asked on 15th April 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to help increase business investment in Suffolk.


Answered by
Alan Mak Portrait
Alan Mak
Shadow Economic Secretary (Treasury)
This question was answered on 23rd April 2024

The Department for Business and Trade works with local stakeholders to promote investment opportunities in the region to potential overseas investors and provide support for foreign investors wishing to set up in the area. The Government works closely with clients to understand their requirements and to reduce any barriers which may inform the client’s decision to locate in the region.

The Government is also backing the Freeport East to create new jobs and attract new businesses in high growth sectors such as advanced manufacturing and engineering.

The Government supports a range of programmes dedicated to supporting small and medium businesses to grow. This includes free access to the Business Support Helpline, Help to Grow, Growth Hubs, UK Export Academy, International Trade Advisors, and the Export Digital Enquiry Service. Government funded support is also available through the British Business Bank.

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