Sir Keir Starmer vows to 'rip out the red tape' that is blocking investment in Britain

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The Prime Minister will promise to axe the red tape holding back the development of homes and infrastructure, saying he will do 'everything in my power to galvanise growth'.

Sir Keir Starmer will today pledge to 'rip out' the bureaucracy that blocks investment in Britain as he hosts a major business conference in London.

Keir Starmer will promise to axe the red tape holding back the development of homes and infrastructure, saying he will do 'everything in my power to galvanise growth' The Government is eager to show it is making progress on its mission to deliver economic growth after marking 100 days in office and ahead of the Chancellor's first Budget on October 30.

Sir Keir will pitch Britain as a stable bet for investors, using his speech at the summit to vow to 'do everything in my power to galvanise growth'. 'We will rip out the bureaucracy that blocks investment and we will make sure that every regulator in this country take growth as seriously as this room does.'

Read More Cabinet minister says Labour only promised to keep national insurance on hold for workers It comes as new figures show employers have slammed the brakes on hiring amid fears over Labour's tax hikes and workers' rights plans.

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