The British government’s inaugural international investment summit, set for October 14, will include top executives from major companies such as Google, Wayve, and Brookfield Asset
Management, the government announced on Saturday.
The summit is designed to attract foreign direct investment to drive economic growth, a central focus for Prime Minister Keir Starmer since taking office in July.
Notably, last month, Tesla CEO and X owner Elon Musk criticized the UK after reports surfaced that he was not invited to participate in the summit.
Confirmed speakers include Ruth Porat, president and chief investment officer of Alphabet and Google; Alex Kendall, CEO of Wayve; and Bruce Flatt, CEO of Brookfield Asset Management. The event is sponsored by prominent firms such as Barclays, HSBC, Lloyds, M&G, Octopus Energy, and TSL Group.
According to the government, the summit offers an opportunity to establish lasting partnerships with businesses to enhance investment in the UK, providing investors with the certainty and confidence needed to fuel economic growth.
In the lead-up to the summit, Starmer will also convene the first Council of Nations and Regions on Friday in Scotland. This meeting will gather leaders from Scotland, Wales, Northern Ireland, and regional mayors from across England to discuss investment strategies and growth.
The government also announced on Friday a £21.7 billion ($28 billion) investment in carbon capture projects to support the UK’s green initiatives. Photo by Simon Dawson / No 10 Downing Street, Wikimedia commons.