LONDON (Reuters) – The new British government’s first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management (TSX:), the government said on Saturday.
The summit, on October 14, is aimed at boosting foreign direct investment to help improve economic growth, Prime Minister Keir Starmer’s main mission since his election in July.
Last month, Elon Musk, the CEO of Tesla (NASDAQ:) and owner of X, criticized Britain after reports that he had not been invited to the summit.
The government said those including Ruth Porat, president and chief investment officer, Alphabet (NASDAQ:) and Google; Alex Kendall, CEO of Wayve; and Bruce Flatt, CEO of Brookfield Asset Management.
It said the event would be sponsored by Barclays, HSBC, Lloyds (LON:) M&G, Octopus Energy and TSL Group.
“The event will provide the government with an opportunity to build lasting partnerships with businesses to boost investment in Britain and give investors the certainty and confidence they need to drive growth,” the government said in a statement. a statement.
It added that Starmer would convene the first Council of Nations and Regions in Scotland on Friday, bringing together the leaders of Scotland, Wales and Northern Ireland and regional mayors from across England to discuss investment and growth ahead of the summit.
The government announced Friday that it is investing 21.7 billion pounds ($28 billion) in carbon capture projects.
($1 = 0.7624 pounds)
