The prime minister will host a group of leading business figures on Monday at Hampton Court to highlight foreign firms’ plans to invest in the UK.
Rishi Sunak said £29.5bn of new investment had been promised, which he described as a “huge vote of confidence” in the UK economy.
Last week’s Autumn Statement included some measures to encourage more business investment.
Last week’s Autumn Statement included some measures to encourage more business investment.
The Autumn Statement measures were largely designed to persuade domestic firms to invest more, an area in which the UK has been lagging behind its G7 peers.
The government said the UK’s track record on attracting foreign investment remained strong.
Last week, Nissan announced that it would build three electric car models at its Sunderland factory as part of a £2bn investment plan which could secure up to 6,000 UK jobs.
However, Mr Sunak recently announced that the HS2 high-speed rail line from the West Midlands to Manchester would be scrapped.
Earlier this month, the government was also forced to restructure a deal to entice energy firms to invest in offshore wind farms after an auction last September failed to attract any bidders.
The prime minister will host a group of leading business figures on Monday at Hampton Court to highlight foreign firms’ plans to invest in the UK.
Last week’s Autumn Statement included some measures to encourage more business investment.
Rishi Sunak said £29.5bn of new investment had been promised, which he described as a “huge vote of confidence” in the UK economy.
The Autumn Statement measures were largely designed to persuade domestic firms to invest more, an area in which the UK has been lagging behind its G7 peers.
Last week’s Autumn Statement included some measures to encourage more business investment.
Last week’s Autumn Statement included some measures to encourage more business investment.
The Autumn Statement measures were largely designed to persuade domestic firms to invest more, an area in which the UK has been lagging behind its G7 peers.
The government said the UK’s track record on attracting foreign investment remained strong.
Last week, Nissan announced that it would build three electric car models at its Sunderland factory as part of a £2bn investment plan which could secure up to 6,000 UK jobs.
However, Mr Sunak recently announced that the HS2 high-speed rail line from the West Midlands to Manchester would be scrapped.
Earlier this month, the government was also forced to restructure a deal to entice energy firms to invest in offshore wind farms after an auction last September failed to attract any bidders.
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