How will Rachel Reeves’s upbeat speech chime with the global investors she wants to woo?
The IndependentThere was plenty to dissect in Rachel Reeves’ keynote speech at the Labour Party conference – from the pro-Palestine protesters interrupting her mid-flow, to the jeering from the crowd when she touched on the controversial scrapping of the winter fuel allowance. But from all the surrounding chaos, one prominent theme emerged: investment – and rightly so, ahead of a much ballyhooed “international summit” next week, designed to sell the UK as a destination to investors from around the world. Reeves wants to turn Britain into a powerhouse, having correctly identified under-investment as a persistent thorn in the side of UK plc, a failing of both the public and the private sectors. A recent government missive touted the attendance of the likes of Blackstone, a private equity firm, financial services giant BNY Mellon and data centre operator CyrusOne, which operates data centres, at the summit.
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