PARLIAMENTARY WRITTEN QUESTION
Foreign Investment in UK (7 September 2022)
Question Asked
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made on levels of business investment in the UK compared to that in other countries.
Asked by:
Jonathan Reynolds (Labour)
Asked by:
Jonathan Reynolds (Labour)
Answer
The Office for National Statistics has calculated that the UK’s business investment was £207bn in 2021. This amounted to 14.3% of GDP, the lowest of all nations in the G7 by this measure.
The Government is committed to boosting business led growth and investment across all parts of the UK.
Answered by:
Ms Nusrat Ghani (Conservative)
22 September 2022
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