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UK investment summit to feature Google, Wayve and Brookfield By Reuters

LONDON (Reuters) – The new British government’s first international investment summit will include senior executives from companies including Google, Wayve and Brookfield Asset Management (TSX: ), the government said on Saturday.

The summit, on October 14, aims to boost foreign direct investment to help boost economic growth, Prime Minister Keir Starmer’s main mission since he was elected in July.

Last month, Elon Musk, CEO of Tesla (NASDAQ: ) and owner of X, criticized Britain after they reported that he was not invited to the summit.

The government said speakers will include Ruth Porat, president and chief investment officer, Alphabet (NASDAQ: ) and Google; Alex Kendall, CEO of Wayve; and Bruce Flatt, CEO of Brookfield Asset Management.

It said the event would be sponsored by Barclays, HSBC, Lloyds (LON:) M&G, Octopus Energy and TSL Group.

“The event will provide the government with an opportunity to forge lasting partnerships with businesses to boost investment in the UK and give investors the certainty and confidence they need to drive growth,” the government said in a statement.

It added that Starmer would convene the first Council of Nations and Regions in Scotland on Friday, bringing together the leaders of Scotland, Wales and Northern Ireland and regional mayors from across England to discuss investment and growth ahead of the summit.

© Reuters. FILE PHOTO: British Prime Minister Keir Starmer speaks at a press conference during his visit to the European Commission headquarters in Brussels, Belgium, October 2, 2024. BENJAMIN CREMEL/Pool via REUTERS/File Photo

The government announced on Friday that it is investing 21.7 billion pounds ($28 billion) in carbon capture projects.

($1 = £0.7624)

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