The prime minister will pledge to get rid of regulation that 'needlessly holds back investment' at a major business conference in London today. The International Investment Summit will comprise more than £50bn of deal announcements - or roughly twice the £28bn unveiled at the previous comparable gathering held under the former Conservative administration, Sky News' City Editor Mark Kleinman learned on Sunday.
He will say: 'We have a golden opportunity to use our mandate, to end chop and change, policy churn and sticking plasters that make it so hard for investors to assess the value of any proposition. 'We have the determination, the focus on clear long-term ends, a mission-led mindset that thinks in years, not the days or hours of the news grid, needed to unlock that potential. Do not doubt that.