London Daily

Focus on the big picture.
Tuesday, Sep 16, 2025

Ministers forced to delay flagship global investment summit

Ministers forced to delay flagship global investment summit

The second Global Investment Summit will now take place later than the government’s previously announced October date.
Ministers have been forced to delay a major event aimed at showcasing Britain’s credentials as a world-leading investment destination.

Sky News has learnt that the government is urgently seeking to finalise a date for its second Global Investment Summit (GIS), three months after publicly announcing that it would take place in October.

Whitehall sources said the summit was now expected to take place the following month because of scheduling challenges relating to diary commitments and logistics.

The inaugural event was held in October 2021 at the Science Museum, and was attended by prominent business figures including Bill Gates, the Microsoft founder, and Jamie Dimon, chairman and CEO of JP Morgan Chase.

Boris Johnson, the then prime minister, hailed £9.7bn of foreign direct investment deals announced that day, which the government said would be responsible for creating 30,000 British jobs.

In February, the government said this year's GIS would be attended by more than 200 bosses of multinational companies and investment corporations.

"The next Global Investment Summit is an opportunity to demonstrate what we can do as a nation, delivering on our ambition to be a world-leading destination for international finance and investment," Rishi Sunak, the prime minister, said.

Insiders at the Department for Business and Trade (DBT) said that Kemi Badenoch, its secretary of state, had made clear her priority to make the UK the leading investment destination in Europe.

They confirmed that this year's event would highlight British successes in areas including life sciences, deep tech, nuclear fusion and small modular reactors.

It would also, they added, seek to demonstrate that capital investment in Britain was being unlocked by post-Brexit financial liberalisation measures included in the 'Edinburgh reforms' outlined by the chancellor, Jeremy Hunt, earlier this year.

A separate investment summit aimed at driving more inward investment into Northern Ireland is expected to take place in September.

One government official acknowledged that there would be "a short delay" from the originally announced October date but added: "The important thing is that this summit is going ahead."

"Events like this will help deliver this and show the world's biggest investors just what a strong investment prospect the UK can offer," Ms Badenoch said in February.

She added: "Overseas investment has already led to 85,000 new jobs in 2021/22 alone, and I want us to go further, driving growth and putting more money in the pockets of hardworking Brits."

Preparations for the event come at a delicate time for perceptions of the UK as an inward investment destination, with car manufacturers including the Vauxhall-owner Stellantis warning of potential factory closures because of post-Brexit rules.

Sir James Dyson, the founder of the eponymous electrical goods brand, has been an outspoken critic of government policy, warning recently that the ambition of becoming a science and technology superpower had been reduced "to a political slogan".

The DBT declined to comment.
Newsletter

Related Articles

0:00
0:00
Close
U.S. and Britain Poised to Finalize Over $10 Billion in High-Tech, Nuclear and Defense Deals During Trump State Visit
China Finds Nvidia Violated Antitrust Laws in Mellanox Deal, Deepens Trade Tensions with US
US Air Force Begins Modifications on Qatar-Donated Jet Amid Plans to Use It as Air Force One
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
Elon Musk Retakes Lead as World’s Richest After Brief Ellison Surge
U.S. and China Agree on Framework to Shift TikTok to American Ownership
London Daily Podcast: London Massive Pro Democracy Rally, Musk Support, UK Economic Data and Premier League Results Mark Eventful Weekend
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Musk calls for new UK government at huge pro-democracy rally in London, but Britons have been brainwashed to obey instead of fighting for their human rights
Elon Musk responds to post calling for the murder of Erika Kirk, widow of Charlie Kirk: 'Either we fight back or they will kill us'
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
USA: Office Depot Employees Refused to Print Poster in Memory of Charlie Kirk – and Were Fired
Proposed U.S. Bill Would Allow Civil Suits Against Judges Who Release Repeat Violent Offenders
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
French Debt Downgrade Piles Pressure on Macron’s New Prime Minister
US and UK Near Tech, Nuclear and Whisky Deals Ahead of Trump Trip
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
Anesthesiologist Left Operation Mid-Surgery to Have Sex with Nurse
Tens of Thousands of Young Chinese Get Up Every Morning and Go to Work Where They Do Nothing
The New Life of Novak Djokovic
The German Owner of Politico Mathias Döpfner Eyes Further U.S. Media Expansion After Axel Springer Restructuring
Suspect Arrested: Utah Man in Custody for Charlie Kirk’s Fatal Shooting
In a politically motivated trial: Bolsonaro Sentenced to 27 Years for Plotting Coup After 2022 Defeat
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
ChatGPT CEO signals policy to alert authorities over suicidal youth after teen’s death
The British legal mafia hit back: Banksy mural of judge beating protester is scrubbed from London court
Surpassing Musk: Larry Ellison becomes the richest man in the world
Embarrassment for Starmer: He fired the ambassador photographed on Epstein’s 'pedophile island'
Manhunt after 'skilled sniper' shot Charlie Kirk. Footage: Suspect running on rooftop during panic
Effective Protest Results: Nepal’s Prime Minister Resigns as Youth-Led Unrest Shakes the Nation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
King Charles and Prince Harry Share First In-Person Moment in 19 Months
Starmer Establishes Economic ‘Budget Board’ to Centralise Policy and Rebuild Business Trust
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Brazilian police say ex-President Bolsonaro had planned to flee to Argentina seeking asylum
Trinidad Leader Applauds U.S. Naval Strike and Advocates Forceful Action Against Traffickers
Kim Jong Un Oversees Final Test of New High-Thrust Solid-Fuel Rocket Engine
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Supreme Court temporarily allows Trump to pause billions in foreign aid
Charlie Sheen says his father, Martin Sheen, turned him in to the police: 'The greatest betrayal possible'
Vatican hosts first Catholic LGBTQ pilgrimage
×