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The Guardian - UK

Business

Adam Bychawski and Eleni Courea

Quarter of UK summit investment came before Labour win, analysis suggests

United Kingdom Jonathan Reynolds Sarah Jones Holtec

Jonathan Reynolds gestures with his hands as he speaks to members of the media — The business secretary, Jonathan Reynolds, speaks to the media at the international investment summit on Monday. Photograph: Tolga Akmen/EPA

About a quarter of the investment announced by the government at its summit this week appears to have been secured or initiated before Labour came to power.

Ministers touted £63bn of investment at the summit on Monday, where they hosted hundreds of company bosses in a showcase of the UK’s pro-growth policies.

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