A major business investment summit is set to get underway today, with the prime minister vowing to cut out red tape holding it back.
The International Investment Summit in London is expected to include almost double the £28billion of deal announcements made at the last similar event.
A £1billion investment from P&O Ferries owner DP World is expected to go ahead despite a fallout over comments made by the transport secretary about the ferry firm.
Sultan Ahmed bin Sulayem, DP World’s chairman, is to attend the conference this week.
The UK Government said international i9nvestment would play a key role in helping to meet targets around job creation and living standards.