Business: Investment

(asked on 28th November 2022) - View Source

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 taken recent steps to help incentivise businesses to invest into local communities to help tackle poverty.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 1st December 2022

The Government works to secure business investment in sectors across the economy which brings jobs and prosperity to communities across the UK. For example, the £1.4bn Global Britain Investment Fund (GBIF) provides grants to encourage internationally mobile companies to invest in the automotive, life sciences and offshore wind sectors, where the UK has natural strengths and geographic spread.

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