UK will not return to Cameron era’s close ties with China, Sunak says

Rishi Sunak met the heads of multinational firms at the summit at Hampton Court, south-west London. Photograph: Reuters

Rishi Sunak has said the UK will not return to the close relationship with China pursued under David Cameron, as the prime minister met business leaders in an effort to drum up foreign investment.

The government on Monday said £29.5bn of new investment had been earmarked for the UK, including projects by the ScottishPower owner, Iberdrola, and BioNTech, the German company that partnered with Pfizer on its Covid vaccine.