London: Britain’s new government announced on Saturday that it will hold an international investment summit on October 14. Prime Minister Keir Starmer plans to gather up to 300 industry leaders with the goal of boosting investment in the UK, according to a statement from the British government.
Business Minister Jonathan Reynolds is set to present the UK as a reliable trading partner, emphasizing its potential for sustained investment and economic growth over the next decade. The statement highlighted that Reynolds will advocate for the UK’s stability and planning advantages for long-term investment.
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Keir Starmer, who led the Labour Party to a decisive victory in the July 4 election after 14 years in opposition, has made economic growth a key focus of his administration. Starmer aims to increase the country’s economic growth rate to approximately 2.5% per year, aligning with Britain’s pre-financial crisis average.
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The summit reflects Starmer’s commitment to revitalizing the UK economy and attracting global investment as part of his broader economic strategy.
