The Government is expected to unveil investment deals worth billions in AI, life sciences and infrastructure at its first International Investment Summit. Rachel Reeves (Stefan Rousseau/PA)“We are focusing on investment because the mission of growth, in this country especially, demands it. Labour has warned of “tough choices” to come in the budget and sparked fears of further cuts after it cut back winter fuel payments to pensioners. Ms Reeves must also choose whether to amend fiscal rules to allow more borrowing to fund public spending. Consumer health firm Haleon has announced a £130 million investment in a new Global Oral Health Innovation centre in Weybridge, Surrey to coincide with the summit.

Source: The Times October 14, 2024 04:10 UTC