Energy giant Equinor has praised the government’s “very good strategy” for improvement following Monday’s investment summit in London.
Prime Minister Sir Keir Starmer used the summit to highlight the “stability” of his government following years of frequent chopping and changing under the previous administration.
And the framework set out is something that impressed big-hitters such as Anders Opedal, boss of Norwegian energy giant Equinor which has ploughed billions into renewables and oil and gas in the UK.
Mr Opedal said: "I think the government are putting forward a very good strategy for how to improve, working together with the private sector, now it is about execution and getting execution right."
During the summit, the prime minister also vowed to cut back on red type forcing energy companies to jump through an excessive number of hoops before being able to start building infrastructure.