PARLIAMENTARY WRITTEN QUESTION
Arts: Foreign Investment in UK (11 September 2024)

Question Asked

To ask the Secretary of State for Business and Trade, what steps the Government is taking to attract foreign direct investment into the UK’s creative industries.

Asked by:
Shivani Raja (Conservative)

Answer

The Department for Business and Trade (DBT) has dedicated resource within its Creative Industries team in the UK and in key markets across the world, focused on developing and delivering foreign direct investment and promoting the UK creative sector and the investment opportunity for international businesses. DBT works closely with the Office for Investment on major investment projects linked to the creative industries.

We provide support through the British Film Commission to grow high-end TV inward investment. We promote the UK as a destination for foreign direct investment through targeted inward delegations to the UK and engagement with potential investors at key international creative industries trade shows working closely with external partners, such as the British Film Commission, the UK Interactive Entertainment Association and Innovate UK.

DBT will support the upcoming Investment Summit to promote the opportunity represented by our world class creative sector.


Answered by:
Sarah Jones (Labour)
7 October 2024

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