Prime Minister Keir Starmer’s first international investment summit will focus on boosting foreign direct investment to drive UK economic growth.
The British government is set to hold its first international investment summit on October 14, with top executives from companies such as Google, Wayve, and Brookfield Asset Management attending. The summit is aimed at encouraging foreign direct investment to stimulate economic growth, a key focus for Prime Minister Keir Starmer since taking office in July.
The government emphasised that the event would strengthen partnerships between businesses and the UK, providing investors with the confidence needed to drive future growth. Prior to the summit, Starmer will convene the first Council of Nations and Regions to align regional leaders on investment and economic strategies.
In a significant step towards sustainability, the government announced a £21.7 billion investment in carbon capture projects, underlining its commitment to green initiatives ahead of the summit.