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Starmer Vows to Streamline Regulations for Foreign Investors

15 October 2024
48282
2024-10-15 10:19

UK Prime Minister Keir Starmer addressed international investors at a summit in London, stating that Britain aims to become a more stable and dependable partner following post-Brexit uncertainties. He pledged to rip up the bureaucracy that blocks investment to attract international capital.

Keir Starmer, UK Prime Minister said "People want to know that Britain can be a stable, trusted, rule-abiding partner, as we've always been. But somehow, during the whole circus that followed Brexit, the last government made a few people less sure about that. Needlessly insulting our closest allies, and of course, a few choice Anglo Saxon phrases for business. Well, no more. We have turned the page on that decisively, and we will use that reset for growth."

However, the build-up to the summit has been dominated by criticism over its organization, its failure to attract top names and a row involving shipping company P&O's Dubai owners DP World that put a £1 billion investment project in jeopardy.

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