5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

X owner Elon Musk to be invited to government investment summit

by
August 23, 2023
in Investing
0
X owner Elon Musk to be invited to government investment summit

<?xml encoding=”utf-8″ ?????????>

Twitter owner Elon Musk is among top business leaders expected to be invited to Rishi Sunak’s global investment summit this autumn.

Tesla boss Musk – who recently bought and renamed Twitter as X – is among figures including Amazon founder Jeff Bezos who officials are keen to see attend the summit, according to Sky News.

It comes amid a key period for the UK with the Prime Minister having outlined his ambition to see the nation become a science and technology superpower, despite car manufacturers including Vauxhall-owner Stellantis warning of potential post-Brexit factory closures.

The flagship Global Investment Summit (GIS) event is slated to take place on 29 November and is understood to be taking place at a “historic London location”.

Sky reported that while it was unconfirmed whether formal invitations had gone out to Musk and Bezos, other investors in the UK economy had told them they had been asked to attend.

Launched in autumn 2021, the GIS has secured £9.7bn of new foreign investment, the government says, as well as reportedly creating 30,000 new jobs and supporting growth.

The summit is no stranger to big-name attendees, with Microsoft founder Bill Gates and JP Morgan Chase CEO Jamie Dixon attending the summit in 2021.

An official said the government was keen for Musk to be there due to his meetings with French president Emmanuel Macron to discuss potential Tesla investments in the country.

A spokesman for the Department for Business and Trade told Sky they wouldn’t comment on invitees but said in a statement: “We look forward to welcoming around 200 CEOs and the world’s A-list investors to the second Global Investment Summit in November, to showcase why the UK is a top destination for international investment.

“Hosted by the PM and business and trade secretary Kemi Badenoch, attendees will hear first-hand how the government intends to build upon the competitive business environment that makes the UK one of the world’s most attractive investment destinations.

“It will drive investment into all corners of the UK, creating real benefits for local businesses and communities including economic growth and jobs.”

Previous Post

UK economy slows after surprise contraction within services sector

Next Post

Staff at UK aviation regulator vote to strike in pay and conditions stand-off

Next Post
Staff at UK aviation regulator vote to strike in pay and conditions stand-off

Staff at UK aviation regulator vote to strike in pay and conditions stand-off

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Gov’t open to seasonal tariffs for rice

    Gov’t open to seasonal tariffs for rice

    May 13, 2025
    Meralco power rates down in May

    Meralco power rates down in May

    May 13, 2025
    Business groups call on new lawmakers to pass key measures

    Business groups call on new lawmakers to pass key measures

    May 13, 2025
    Horsepower vs torque: What these mean for cars

    Horsepower vs torque: What these mean for cars

    May 13, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.