Guernsey Press

King joins prime minister at reception for UK’s international investment summit

The reception capped off the Government’s first major summit to woo investors.

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The King joined some of the world’s top chief executives, industry leaders and funders, plus some of Britain’s famous scientific and creative talents, at a reception that capped off the Government’s first major summit to woo investors.

Up to 300 guests attended the exclusive reception at St Paul’s Cathedral on Monday where Charles shook hands and spoke to a wide group of notable figureheads.

Charles speaking with two people
King Charles talking to guests during a reception for international business leaders (Lucy North/PA)

Sir Elton John was also in attendance and performed at the reception.

During his 45-minute appearance, Charles also spoke to Yasir Al-Rumayyan, the Saudi businessman who is governor of the Public Investment Fund (PIF) and chairman of Newcastle United.

He also spoke to executives from the Qatar Investment Authority; the Alphabet technology company; Iberdrola, the Spanish multinational electric utility firm; plus investment organisations including BlackRock, Brookfield Asset Management and Macquarie Group Limited.

Former England manager Gareth Southgate and Bridgerton star Adjoa Andoh, who had taken part in earlier events at the International Investment Summit, also attended the reception.

International Investment Summit sponsors and supporters including executives from HSBC UK, Lloyds Banking Group, Barclays, Octopus Energy, M&G, TSL and ALR also met Charles.

King Charles and Chancellor of the Exchequer Rachel Reeves
King Charles and Chancellor of the Exchequer Rachel Reeves (Lucy North/PA)

The King was greeted at the event by Prime Minister Sir Keir Starmer and several members of the Cabinet, including Chancellor Rachel Reeves, were also in attendance.

Earlier, Sir Keir had told the summit, at the Guildhall in the City of London, that boosting economic growth would help tackle the rise of populism by repairing public services and putting cash in people’s pockets as efforts to woo global investors netted deals worth £63 billion.

The Prime Minister rolled out the red carpet for chief executives, promising to rip up regulations to get projects off the ground if they put funding into the UK.

“We live in an age where political fires rage across the world. Conflict, insecurity, a populist mood that rails against the open values so many of us hold dear,” he said.

International Investment Summit
Earlier, Sir Keir Starmer rolled out the red carpet for chief executives at the summit (Jonathan Brady/PA)

“Each with the possibility to transform the lives of working people for the better,” he said.

That meant economic growth was “vital if we’re to steer our way through a great period of insecurity and change and on to calmer water”.

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