UK’s Starmer Opens Key Summit With Vow to Rip Up Red Tape

Prime minister seeks to lure investments to boost economy
Run-up to summit hit by spat between DP World, minister

WATCH: Starmer vows to scrap regulation “where it is needlessly holding back the investment we need to take our country forward.”Source: Bloomberg

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By Tom Rees, Joe Mayes, and Alex Wickham

October 13, 2024 at 11:01 PM UTC

Updated on

October 14, 2024 at 10:16 AM UTC

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Prime Minister Keir Starmer vowed to scrap regulations holding back UK growth, as he seeks to soothe concerns among international investors after a rocky first 100 days in power.

Starmer pitched his vision to at the International Investment Summit in London, which was attended by top business leaders from companies including Alphabet Inc., Brookfield Asset Management and BlackRock Inc.