Keir Starmer promises to ‘rip up’ red tape stopping investment into UK
- by Independent.ie
- Oct 15, 2024
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Yesterday at 03:30
Britain’s new Labour Party government announced £63bn (€57.8bn) in investment in UK artificial intelligence, life sciences, infrastructure and technology at a business summit attended by executives from major international companies – though it was the absence of Elon Musk that made headlines.
UK Prime Minister Keir Starmer is eager to attract investment into Britain’s sluggish economy and to convince corporations that a push to improve workers’ rights won’t come at the expense of businesses. He also needs to reassure trade unions that wooing business won’t come at workers’ expense.
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