The UK has been a laggard among Group of Seven nations, with foreign direct of investment in decline since the Covid-19 pandemic. That has prompted a push by the new Labour government to attract more capital as it seeks to boost growth to fund investment in public services.
The UK has unveiled a raft of tech tycoons, private equity leaders and bank bosses who will speak at a summit as the Labour government bids to spur inward investment.
Former Alphabet CEO Eric Schmidt will speak with Prime Minister Keir Starmer, the headline act at an event that will also feature executives from Brookfield Asset Management, Barclays and HSBC Holdings. The summit will follow the country’s first Council of the Nations and Regions meeting in Scotland on Friday, where leaders will discuss how to deliver investment and growth.
