Britain hosts an international investment summit and denies snubbing Elon Musk

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 50 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Business News

Keir Starmer,Elon Musk,World News

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.

Read full article: 🔒News4JAX Insider Jaguars Tickets SweepstakesRead full article: JSO, JFRD to honor JSO corrections officer with procession through city streetsA letter to our viewers: Please stay out of the ocean as deadly rip currents loom Atlantic Coast

British Prime Minister Keir Starmer, right, sits in conservation with former CEO of Google, Eric Schmidt, center, and Emma Walmsley the CEO of GSK, during the International Investment Summit in London, Monday, Oct. 14, 2024. “This is the moment to back Britain,” he said, pledging to oversee a “hard-headed” industrial strategy and “galvanize growth” but slashing unnecessary regulation.Unions worry that may mean lowering standards on health, safety and the environment, a claim the government denies. Technology Secretary Peter Kyle said reducing red tape did not mean “cutting corners or lowering standards, but making sure that the government takes on some of the burden of compliance, so that our nation can benefit.

Not among them was Musk, whose social media platform X was used to spread false information during anti-immigrant violence that erupted in Britain this summer. Musk himself posted messages insulting Starmer and saying the U.K. was headed for civil war.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: ksatnews - 🏆 442. / 53 Read more »