Joint statement on regional investment from UK public investment bodies
Published 21 October 2025
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Statement by: National Wealth Fund, British Business Bank, UK Export Finance, Innovate UK, Great British Energy, Homes England, Office for Investment, National Infrastructure and Service Transformation Authority and The Crown Estate
Driving prosperity across the whole of the UK is central to the government’s growth mission – delivery of which will create high-quality jobs, improve living standards, and make families across the UK better off.
UK public investment bodies are at the heart of this agenda, mobilising private investment alongside public sector finance to unleash the full potential of our nations and regions.
As leaders of these institutions, we are committed to collaborating with each other, local government and the private sector to deliver this ambition – supporting local investment priorities, reducing disparities between areas, and supercharging growth in every part of the UK. By strengthening local economic foundations and unlocking place-based opportunities, we will drive sustainable growth that enhances the UK’s national competitiveness and positions us as a stronger player in the global economy.
Together, we will:
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help deliver Local Growth Plans through supporting MSA-led and private sector projects aligned with local priorities.
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back and help accelerate identified priority projects, setting pathfinders to shape new ways of working together, starting with Victoria North, Birmingham Sports Quarter, Leeds South Bank, and Advanced Manufacturing Innovation District Scotland.
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support the government’s regional priorities, including sectoral interventions.
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work with the private sector to ensure access to finance and investment issues are addressed across the UK.
Together we are more than the sum of our parts. Between us, we are well equipped to work alongside government, local partners, and the private sector to help drive investment and exports that will accelerate economic growth. We stand ready to help wherever we can and are committed to making engagement with our teams straightforward, with joined-up support across our organisations.
We will join forces to maximise our regional impact and unlock investment opportunities across the UK. Our new public investment forum provides a platform for collaboration, and we are already driving joint delivery of local priorities on the ground.
Working together, we will translate ambition into action – delivering investment that benefits communities in every corner of the UK.