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Business: Investment

Question for Department for Business and Trade

UIN HL3683, tabled on 19 December 2024

To ask His Majesty's Government what steps they are taking to revive business confidence across the United Kingdom after the budget.

Answered on

7 January 2025

Growth is the number one mission of the government. We have taken action including: progressing planning reforms; boosting capital investment by over £100 billion over the next five years; creating the National Wealth Fund; publishing the Corporate Tax Roadmap; announcing the Business Growth Service; and setting out pension reform proposals to unlock new investment.

Our modern Industrial Strategy will be unreservedly pro-business, and our Green Paper set out our vision for a credible, 10-year plan to deliver the certainty and stability businesses need to invest across the UK. We are engaging widely, and have appointed a diverse group of the UK’s top business leaders, policy experts and trade union leaders to the Industrial Strategy Advisory Council to drive this forward.