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 Wednesday, 10 December 2025 on behalf of the Department for Business and Trade.

Foreign Investment in UK

Question: To ask His Majesty's Government what steps they are taking to address key barriers to foreign direct investment, such as high energy prices and land acquisition costs.

Answer: We are taking decisive steps to remove barriers to investment, strengthening the UK’s competitiveness. To address high energy costs, the British Industrial Competitiveness Scheme will reduce industrial electricity prices by up to 25%, supporting thousands of manufacturers. The new Strategic Sites Accelerator, backed by over £600 million, will unlock an initial wave of sites for investment from the growth-driving sectors of the Industrial Strategy from next financial year, with the aim of scaling up the programme over time. These measures form part of a wider strategy to create a pro-investment environment that drives growth and innovation.

Secondary information