Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made a recent assessment of the potential impact of levels of business investment on levels of (a) regional and (b) local equality.

The Office for National Statistics (ONS) produces UK estimates of Gross Fixed Capital Formation (GFCF), a measure of capital investment in the UK. In May 2022, a set of experimental statistics were published mapping the regional distribution of UK GFCF[1].

There is no recent assessment of the potential impact of levels of business investment on levels of regional or local equality.

[1] Experimental regional gross fixed capital formation (GFCF) estimates by asset type, ONS