UK 'stable for business'

MINISTERS are expected to pitch Britain as a “stable place to do business” as they court global investors at a UK-based summit two weeks ahead of the autumn Budget.

Sir Keir Starmer will host up to 300 industry leaders at the event on October 14, alongside Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds.

The International Investment Summit is seen by the Government as a milestone in its central mission to boost economic growth.

Investors will hear from the Prime Minister, Ms Reeves and Mr Reynolds that the UK is “open for business”, the Department for Business and Trade said.

They will seek to persuade business leaders that a “level-headed approach” on the world stage ushered in by Labour shows Britain is a “mature” trading partner.