UK Investment Summit to host Google, Wayve and Brookfield

UK Investment Summit to host Google, Wayve and Brookfield
UK Investment Summit to host Google, Wayve and Brookfield

The first international investment summit organized by the new British government will bring together senior executives from companies including Google, Wayve and Brookfield Asset Management, the government announced on Saturday.

This summit, which will be held on October 14, aims to increase foreign direct investment in order to improve economic growth, Prime Minister Keir Starmer’s main mission since his election in July.

Last month, Tesla CEO and X owner Elon Musk criticized Britain after learning he had not been invited to the summit.

The government said the speakers would be Ruth Porat, president and chief investment officer of Alphabet and Google, Alex Kendall, CEO of Wayve, and Bruce Flatt, CEO of Brookfield Asset Management.

He said the event would be sponsored by Barclays, HSBC, Lloyds M&G, Octopus Energy and TSL Group.

“This event will be an opportunity for the Government to build lasting partnerships with businesses to boost investment in the UK and give investors the certainty and confidence they need to drive growth,” he said. declared the government in a press release.

He added that Mr Starmer would convene the first Council of Nations and Regions in Scotland on Friday, bringing together the leaders of Scotland, Wales and Northern Ireland as well as regional mayors from across England to discuss investment and growth before the summit.

The government announced Friday it was investing 21.7 billion pounds ($28 billion) in carbon capture projects.

($1 = 0.7624 pounds)

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