U.K. Prime Minister Vows to Slash Red Tape to Boost Investment

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 39 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

Business & Finance Notícia

Investment,Regulation,U.K. Economy

British Prime Minister Keir Starmer pledged at the International Investment Summit on Monday to reduce regulatory burdens to encourage investment in the UK. He emphasized removing 'needlessly holding back' regulations and upgrading the system to prioritize growth, innovation, and investment.

U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anemic investment in the country.

LONDON — U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anemic investment in the country."We've got to look at regulation across the piece, and where it is needlessly holding back investment ... mark my words, we will get rid of it," he told delegates at the government's inaugural International Investment Summit, held at London's Guildhall.

The prime minister restated that growth was the"No. 1 test of this government," and reiterated plans for the U.K. to become the fastest-growing G7 economy. Schmidt added that he was waiting to see"how you pull it off," urging the government to invest further in artificial intelligence to achieve its wider growth goals.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 569. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investmentU.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anaemic investment in the country.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Selfridges owner secures major investment from Saudi Arabia’s Public Investment FundThailand’s Central Group, the majority shareholder, has accepted a deal that grants its new partner a 40 percent stake in the British luxury department store chain.
Fonte: LuxuryDaily - 🏆 325. / 59 Consulte Mais informação »

UK Finance Minister Reeves Vows No Austerity But Promises 'Difficult Choices'British Finance Minister Rachel Reeves has pledged that there will be no return to austerity policies as she prepares to unveil her budget proposals next month. While acknowledging the tough economic challenges inherited from the previous Conservative government, Reeves emphasized her commitment to rebuilding Britain through ambitious spending and taxation measures.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »