Britain hosts an international investment summit and denies snubbing Elon Musk

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Elon Musk,Corporate Management,London

Britain’s new Labour Party government is announcing billions of pounds in investment in U.K. artificial intelligence, life sciences and infrastructure at a business summit. Monday's meeting is being attended by some 300 executives from major international companies. But it's the absence of Elon Musk that has made headlines.

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“This is the moment to back Britain,” he said, pledging to oversee a “hard-headed” industrial strategy and “galvanize growth” but slashing unnecessary regulation.UK leader Keir Starmer is marking 100 days in office. It has been a rocky rideUnions worry that may mean lowering standards on health, safety and the environment, a claim the government denies.

Business executives attending the summit were rubbing shoulders with government ministers at London’s magnificent medieval Guildhall before a reception with King Charles III at St. Paul’s Cathedral. After the BBC reported in September that Musk would not attend the investment summit, the Space X and Tesla boss posted on X: “I don’t think anyone should go to the UK when they’re releasing convicted pedophiles in order to imprison people for social media posts.”

 

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Britain hosts an international investment summit and denies snubbing Elon MuskBritain’s new Labour Party government is announcing billions of pounds in investment in U.K. artificial intelligence, life sciences and infrastructure at a business summit.
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