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Written question asked by Rachel Blake (Labour) on Tuesday, 24 March 2026, in the House of Commons. It was due for an answer on Thursday, 26 March 2026. It was answered by Chris McDonald (Labour) on Wednesday, 1 April 2026 on behalf of the Department for Business and Trade.


Vashi: Fraud

Question

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the impact of the Vashi diamonds case on investor confidence in the UK.

Answer

The Government has not made a formal assessment of this case; however, the UK continues to be regarded internationally as a strong and attractive destination for investment, underpinned by a robust rule of law, transparent insolvency processes, and a longstanding pro business environment. These fundamentals provide investors with confidence that commercial disputes are handled fairly and predictably.


Secondary information

Type
Written question
Reference
123557
Session
2024-26
Transferred
Yes
Subjects
Fraud Foreign investment in UK Vashi
Link
View this Written question on www.parliament.uk