Prime Minister Keir Starmer has reaffirmed his government’s dedication to economic growth, emphasising the need to strengthen ties with key international partners. Speaking at a business breakfast at the British residence in Rome, Starmer highlighted the UK’s openness to trade and investment, particularly with fellow G7 economies like Italy. London is set to attract a substantial influx of investors from countries such as the USA, Italy and Germany, focusing on major refurbishments and new builds in the capital.
“Economic growth is my government’s number one priority,” Starmer stated. “This means resetting relationships across the EU to boost trade and investment with countries like Italy, a close friend and ally.”
Starmer’s remarks are part of a broader strategy to draw investment from both the US and EU, especially in the construction and infrastructure sectors. Notable international companies like Balfour Beatty, Taylor Wimpey and Laing O’Rourke are already making significant investments in London’s construction industry. “The UK is open for business,” he declared, inviting investors to explore opportunities in the country.
In addition to economic matters, Starmer addressed the importance of international cooperation on global challenges. “Through the strength of the UK-US relationship, we will deepen cooperation on shared global challenges,” he said. Starmer’s proactive approach aims to position the UK as a welcoming destination for international investors, fostering growth and stability in a rapidly changing global landscape.
The construction industry, in particular, stands to benefit greatly from this influx of investment, promising a bright future for London and the country as a whole. Once global conflicts are resolved, the UK is poised to re-emerge as a hub of innovation and economic dynamism.
