PRESS: UK Investment Minister Poppy Gustafsson set to quit government

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UK Investment Minister Baroness Poppy Gustafsson is preparing to leave her role less than a year after being appointed, Sky News reported on Friday, citing City Editor Mark Kleinman.

A formal announcement could come as soon as Friday, the report said.

Gustafsson, who co-founded cybersecurity firm Darktrace Holdings Ltd, was appointed in October to head the Office for Investment across the Treasury and the Department for Business & Trade. She was elevated to the House of Lords to take up the role.

Her departure comes as the government continues efforts to attract more overseas investment into the UK, Sky noted.

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