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BBC R4 Today | Investment Summit ‘encouraging’ but ‘deeds are harder than words’, says Sir Dave Lewis
“It was very encouraging from a business point of view to see a Government put growth at the centre of everything they’re talking about.”
Those are the words of Xlinks Chair, Sir Dave Lewis after he attended the inaugural International Investment Summit.
Speaking on BBC Radio 4’s Today programme, he said the Government’s narrative on the need for stability and consistency were well received, but that while it was good to hear the words, “deeds are a little bit harder”.
Sir Dave and Xlinks were pleased the Summit featured a strong focus on:
- Accelerating growth for a better, more resilient economy while attracting foreign investment at scale.
- Decarbonising our energy system to clean power, while rapidly increasing supply to meet the growing demand for electricity.
- Ensuring we remain a chosen partner for international trade, retaining a track record of delivery at a pace that rises to the challenge.
What’s more, Xlinks will unlock all three of these themes with its Morocco – UK Power Project, which will generate £17.3bn in inward investment over 25 years, reduce Great British power sector CO2 emissions by 9.9%, and demonstrate the UK’s net zero leadership while strengthening its relationship with Morocco.
Listen to Sir Dave’s interview from this morning in full, here (17 minutes in).
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Photo credit – UK Government