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    Reeves hails £63bn boost for Britain

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    By News Desk on October 15, 2024 Business, Business Briefing, News Briefing
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    Reeves hails £63bn boost for Britain at flagship investment summit

    Ministers have hailed £63bn worth of investment into the UK that was unveiled at the government’s investment summit in the City today.

    The figure, which includes a number of investment projects announced in recent weeks, covers a range of industries and sectors from clean energy, life sciences, data centres and aviation.

    Prime Minister Sir Keir Starmer began the high-powered summit with a speech to CEOs and investors in which he deployed the word ‘growth’ a total of 24 times.

    “I am determined to do everything in my power to galvanise growth,” he vowed, as he reiterated his ambition for the UK to secure the highest sustained growth among G7 nations.

    Closing the summit last night Chancellor Rachel Reeves said: “The decisions that lie ahead will not always be easy, but by making the right choices – to grow our economy, drive investment, we will create good jobs and new opportunities across every part of our country.”

    Source link 

    Business insights this week City AM Rachel Reeves
    Previous ArticleTuesday’s news briefing – Reeves hails £63bn boost for Britain, FA eyes Pep Guardiola for England job
    Next Article Ministers refuse to rule out hike to employer national insurance rate

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