U.K. Prime Minister Keir Starmer vows to ‘rip out the bureaucracy that blocks investment' [Fortune]
IBERDROLA SA S/ADR (IBDRY)
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Source: Fortune
The prime minister has placed great importance on the International Investment Summit in London, and is hoping that the announcement of billions of pounds of international investment in UK projects will overshadow its chaotic build-up. Starmer won a thumping majority in July's election but has seen his government's popularity plummet following a series of missteps, with a recent YouGov poll showing only 18 percent of the public approved of its performance. The prime minister will tell business leaders that his focus is “not the days or hours of the news grid”, but on the “golden opportunity” his electoral mandate presents for delivering his mission of growing the UK economy. “Private sector investment is the way we rebuild our country and pay our way in the world. This is a great moment to back Britain,” he will say, according to extracts released by his Downing Street office. He will promise that where regulation is currently “stopping us building the homes, the data centres
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