LONDON — Britain’s new Labour Party government is announcing billions of pounds in investment in U.K. artificial intelligence, life sciences and infrastructure on Monday at a business summit attended by executives from major international companies — though it was the absence of Elon Musk that made headlines., and to convince corporations that its push to improve workers’ rights won’t come at the expense of businesses.
A sign of the tensions facing the government as it tries to please both employers and employees came after Transport Secretary Louise Haigh last week urged people to boycott P&O Ferries, which in 2022Its parent company, Dubai-based DP World, reportedly threatened to pull out of the investment conference because of the remarks.
He was apparently referring to the government’s decision to release hundreds of inmates — though not sex offenders — early because of overcrowded prisons.“Elon Musk has never come to any of the past investment summits that have been held under the previous government, he doesn’t tend to do these sort of events,” Kyle said.
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