Business and trade secretary Jonathan Reynolds (right) and Chancellor of the Exchequer Rachel Reeves, sit and listen to Prime Minister Sir Keir Starmer speaking during the International Investment Summit in London, as the Government seeks to woo investors to the UK. Picture date: Monday October 14, 2024. PA Photo. See PA story POLITICS Investment. Photo credit should read: Jonathan Brady/PA Wire Photograph: Jonathan Brady/PA
Good morning, and a warm welcome back to myself: thanks to Nimo and Heather Stewart for bringing you First Edition while I was away.
The dread words were repeated in a number of news stories yesterday: “The summit was livestreamed on LinkedIn.” The event in question was Labour’s inaugural UK business summit, designed to encourage investment in the UK from international firms, but mainly getting headlines for chancellor Rachel Reeves’ hint that she is planning to raise employer national insurance contributions at the budget.
