Fifty-Sixth Report - Supporting investment into the UK

Select Committee
Public Accounts Committee HC 996 9 June 2023
Report Status Government responded
Conclusions & Recommendations 28 items (7 recs)
Source View on Parliament website
Government Response (AI assessment · 28 of 28 classified)
Accepted 14
Acknowledged 8
Deferred 1
Not Addressed 1
Rejected 4
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8 Conclusion Not Addressed
The Department acknowledged that most investment would still happen without its support and that its added value is marginal. It said that businesses would still decide to invest in the UK, but they would find it harder, and some investments would not happen.13 The Department told us that it has …
Government Response Summary
The government's response discusses plans to explore expanding investor surveying to include those who abandoned investment plans, and evaluating data from other agencies. It does not directly address the committee's observations regarding the department's existing estimates of its added value and economic impact.
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