Rolling coverage of the latest economic and financial news
- Introduction: Global investment summit in London
- Jellied eel canapés and venison: No 10 hosts biggest names in business
- £10bn deals announced…but some not new….
- Heathrow allowed to raise passenger charges, but not as much as hoped
Boris Johnson also told Bloomberg that the UK won’t “pitchfork away” investment approaches from China, saying:
China is a gigantic part of our economic life and will be for a long time -- for our lifetimes -- but that does not mean that we should be naive in the way that we look at our critical national infrastructure, the way you look at -- you mentioned nuclear power -- you mentioned 5G technology, those are all legitimate concerns that any government, many, many other governments around the world have.
The City of London is crucial not just for our country but for the whole of Europe and for this hemisphere and that’s why -- for the world -- and that’s why I think it’s profoundly in the interests of our partners to ensure that we do have good relations, we do continue to see proper flow of capital and services between London and all the other parts of Europe, and I’m sure that that will continue.
If you want to raise money around Europe, if you want to finance your merger or whatever it is, London is still the place to come and always, always will be.
Continue reading...from The Guardian https://ift.tt/3n8FzSc
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