LONDON (Reuters) – The new British government’s first international investment summit will include senior executives from companies including Google, Wave and Brookfield Asset Management (TSX:), the British government said on Saturday.
The summit, which will be held on October 14, aims to increase foreign direct investment to help improve economic growth, which has been Prime Minister Keir Starmer’s primary mission since his election in July.
Last month, Elon Musk, Tesla (NASDAQ:) CEO and X owner, criticized Britain after reports that he had not been invited to the summit.
The government said speakers will include Ruth Porat, president and chief investment officer of Alphabet (NASDAQ:) and Google; Alex Kendall, CEO of Wayve; and Bruce Flatt, CEO of Brookfield Asset Management.
It said the event will be sponsored by Barclays, HSBC, Lloyds (LON:) M&G, Octopus Energy and TSL Group.
The government said in a statement: “The event will provide an opportunity for the government to forge lasting partnerships with businesses to boost investment in the UK and give investors the certainty and confidence they need to drive growth.”
She added that Starmer will hold the first Council of Nations and Regions in Scotland on Friday, bringing together the leaders of Scotland, Wales, Northern Ireland and regional mayors from across England to discuss investment and growth ahead of the summit.
The government announced on Friday that it had invested 21.7 billion pounds ($28 billion) in carbon capture projects.
($1 = 0.7624 pounds)
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