The prime minister depicted a major investment summit, involving figures like Google's ex-CEO, as a key moment in reviving Britain's global standing in the world as he promised investors he would 'do everything in power to galvanise growth'.
It was billed as a 'big moment' for the Starmer administration and, arriving at Labour's International Investment Summit, it was clear how seriously the government was taking it The venue was the spectacular 15th century Guildhall in the heart of the City of London, where 200 leading executives gathered with the UK's prime minister, cabinet, first ministers and mayors to talk about investment in the UK.
No 10 insiders tell me that the task in the coming months is to 'rewire' each regulator - digital, water, energy, competition - for the next decade, with one figure telling me 'cutting red tape is about making sure the UK regime doesn't look too severe, especially relative to our size and influence on global markets'.
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