Britain is ready for investment and has a “very real opportunity” to grow its economy, some of the world’s biggest banks and companies have said before the start of major business talks in London.
In a letter to The Times, five of the world’s biggest banks joined private equity firms, insurers and tech giants to say it was “time to invest in Britain”.
They said universities, legal expertise and financial services already provided the “bedrock of a strong investment proposition”, and that growth in the technology and energy sectors had “further enhanced Britain’s position”.
Rachel Reeves has been urged to scale back non-dom tax plans
ANTHONY DEVLIN/EPA
They also said that Britain’s greater stability had increased its attractiveness to investment, a reference to Labour’s election victory at a time of uncertainty in many large economies. “We are optimistic