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Sir Keir Starmer Assures Davos Finance Chiefs: UK Open For Business

SIR Keir Starmer will try to show off his pro-business credentials by reassuring finance chiefs that Britain will be “open for business” under his government.

Party Leader Travels to Davos Today

The party leader travels to Davos today to tell chiefs to back the UK after overseas investment plummeted under the Tories, Labor says.

Sir Keir Starmer will travel to Davos to reassure finance chiefs that Britain will be ‘open for business’ under his governmentCredit: PA
Britain accounted for 8% of global foreign direct investment when Labor was last in power, but that figure has fallen to just 4% since 2010, they say.

He will travel with Shadow Chancellor Rachel Reeves to the World Economic Forum in the Alpine resort for talks with figures from business, finance and government.

Prime Minister Rishi Sunak and Chancellor Jeremy Hunt will not travel to Switzerland for the meeting with Business Secretary Grant Shapps and International Trade Secretary Kemi Badenoch.

Ms Reeves said: “With Labor in government, Britain will be open for business.

“We have the ambition and the practical ideas to restore our country to leadership on the world stage, especially in the green industries of the future that are so vital to our energy security.

“We will restore economic growth to the UK, improve living standards and create jobs, and bring back global investors to drive our economy forward – all built on the rock of economic stability and certainty.

“Labour will work in partnership with business to boost investment in the UK economy, to ensure the jobs of the future are in the UK and to ensure the UK is a global leader in the climate transition.”

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