Foreign Investment UK Summit 2025-04-08
2025-04-08
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Questions & Answers
Q1
Direct Answer
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Context
The UK hosted an international investment summit in October with a commitment of £63 billion worth of investment announced by the government.
What assessment has been made of the potential impact of the UK international investment summit 2024 on levels of foreign investment?
Increasing investment in the UK, both public and private, is the Government’s absolute priority. At the international investment summit, companies committed to a record-breaking £63 billion-worth of investment, which is set to help create around 30,000 jobs.
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Assessment & feedback
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Q2
Partial Answer
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Context
The government announced a £63 billion commitment at the UK International Investment Summit in October, which has been six months since.
Given that the Government have had six months and £63 billion of investment committed, how much money has gone out of the door for those oven-ready projects across the country?
The hon. Member will be excited to know that the Business Secretary will be announcing in the coming weeks that shovels are already in the ground, or will be going into the ground, for some projects.
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Assessment & feedback
specific details on money spent and projects initiated
Not Pre-Empting Announcements
Response accuracy