Britain is ready for investment and has a “very real opportunity” to grow its economy, some of the world’s biggest banks and companies have said on the eve of a flagship summit in London.
In a letter to The Times, five of the world’s biggest banks joined private equity giants, major insurers and tech companies to say it was “time to invest in Britain”.
They said the UK’s universities, legal expertise and financial services sector already provided the “bedrock of a strong investment proposition”, and that growth in the technology and energy sectors had “further enhanced Britain’s position”.
Rachel Reeves has been urged to scale back non-dom tax plans
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They also said that Britain’s greater stability has increased its attractiveness to investment, a reference to Labour’s landslide election victory at a time of uncertainty in many