A new Minister for Investment has been appointed to head up a bolstered Office for Investment, as part of a wider Whitehall ‘shake up’ to strengthen the government’s offer and partnership with businesses and investors.
The appointment comes ahead of the government’s inaugural International Investment Summit which will bring together global business leaders, Local Mayors, First Ministers and Cabinet Ministers to discuss how government can deepen the partnership with businesses to drive forward the government’s growth agenda and make the UK the best place for businesses to invest.
Chamber CEO Paul Britton said “We welcome the appointment of a new Investment Minister and the scaled-up Office for Investment, recognising it as a crucial step towards strengthening the UK’s global investment proposition.
However, we maintain our call for a clear sector-focused investment strategy to ensure the UK remains globally competitive, as it is vital we focus on unlocking the investment potential of the Thames Valley, to help kickstart economic growth across the country”.
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