Starmer to vow to slash red tape for UK investment
Prime minister Keir Starmer is set to promise to remove barriers and red tape for those wishing to invest in the UK, as the government’s inaugural International Investment Summit begins in London.
Pre-released remarks show he is expected to say the government will do everything it can to “galvanise growth”. That includes “getting rid of regulation that needlessly holds back investment.”
He will pledge to “upgrade the regulatory regime to make it fit for the modern age, making Britain fit to harness all opportunities.”
CEOs and investors from across the globe will meet with ministers, first ministers, and local leaders at the Guildhall in the City of London. Companies such as Google parent Alphabet (GOOG), BlackRock (BLK) and Brookfield Asset Management (BAM) are set to be in attendance.
Read more from Lucy Harley-McKeown on this story here.Hello from London.