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Written question asked by Justin Madders (Labour) on Thursday, 2 July 2026, in the House of Commons. It was due for an answer on Monday, 6 July 2026. It was answered by Chris McDonald (Labour) on Wednesday, 8 July 2026 on behalf of the Department for Business and Trade.

Manufacturing Industries: Capital Investment

Question

To ask the Secretary of State for Business and Trade, what steps he is taking to support manufacturers to increase capital intensity.

Answer

Last year this government published our Modern Industrial Strategy, setting out our long-term approach to strengthening domestic capability. The complimentary Advanced Manufacturing Sector Plan outlines both sector-specific and cross-cutting measures designed to support manufacturers grow and thrive – including on skills, access to finance and tech adoption. This is underpinned by £4.3 billion government funding over 5 years, alongside £4 billion from the British Business Bank Industrial Strategy Growth Capital and £27.8 billion available from the National Wealth Fund to help manufacturing business access the finance they need to expand.

We have also enhanced and expanded the Office for Investment to target advanced manufacturing investors.

Secondary information

Type
Written question
Reference
15372
Session
2026-27
Subjects
Capital investment Manufacturing industries
Link
View this Written question on www.parliament.uk