Written question asked by Lord Risby (Conservative) on Thursday, 27 November 2025, in the House of Lords. It was due for an answer on Thursday, 11 December 2025. It was answered by Lord Stockwood (Labour) on Monday, 8 December 2025 on behalf of the Department for Business and Trade.

Science and Technology: Investment

Question: To ask His Majesty's Government what consideration they have given to replicating the Office for Investment: Financial Services model for other key strategic sectors identified in the Science and Technology Framework.

Answer: The OfI: Financial Services is a bespoke concierge service partnership involving HM Treasury, the OfI, the Financial Conduct Authority, the Prudential Regulation Authority, and the City of London Corporation. It was created to address the particular investment-related needs of the FS sector but was deliberately branded as the OfI to reflect its commonality with the OfI’s remit of sourcing and securing transformational investment. Whilst the Government will always consider the optimum approach to attracting investment, the OfI remains the single front door investment delivery body for the UK. The OfI works closely with DSIT to maximise investment in the Tech sector.

Secondary information