Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Watch as Rishi Sunak delivers speech at Global Investment Summit

Oliver Browning
Monday 27 November 2023 05:12 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Watch as Rishi Sunak delivers a speech at the 2023 Global Investment Summit.

The prime minister said there was “positive momentum” behind the UK economy as the government rolled out the red carpet for investors on Monday 27 November.

The Global Investment Summit at Hampton Court Palace comes after Jeremy Hunt offered tax breaks to firms to encourage investment in his autumn statement.

Scores of chief executives including Stephen Schwarzman from Blackstone, Amanda Blanc at Aviva, David Soloman from Goldman Sachs and Jamie Dimon at JP Morgan Chase are attending the gathering, aimed at attracting financial support for UK projects.

But Mr Sunak faced questions about whether the government’s financial plans will also usher in a new era of austerity, with public spending facing a prolonged squeeze.

Before the summit, the government said a total of £29.5 billion had been committed by investors, triple the sum raised at the last global investment gathering in 2021.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in