PRESS RELEASE : Hampton Court Palace confirmed as venue for Global Investment Summit [November 2023]
The press release issued by the Department for Business and Trade on 20 November 2023.
The iconic British building will host the Prime Minister and over 200 CEOs for landmark summit, expected to secure billions of investment, drive economic growth and create jobs across the UK.
Hampton Court Palace will be the venue for next week’s Global Investment Summit, Minister for Investment Lord Dominic Johnson confirms today.
Jointly hosted by the Prime Minister and the Department for Business and Trade, the summit will take place on Monday 27 November and focus on ‘Great British Ideas – Past, Present and Future’.
This includes a showcase of pioneering innovators from across the UK, with significant investment opportunities in sectors including technology, sustainability, life sciences, advanced manufacturing, and creative industries.
More than 200 of the world’s leading CEOs are expected to attend the exclusive summit, which will showcase the UK as one of the best places in the world to do business and drive billions of pounds of new and strategic investment into every corner of the economy. In 2022/23 alone, 80,000 jobs were created through FDI projects, notably in Scotland, Wales, the North and the Midlands.
Following the summit, His Majesty The King will host a reception at Buckingham Palace. Further detail will be issued by Buckingham Palace in due course.
Minister for Investment, Lord Johnson said:
The UK is a top global investment destination, and this event will help secure billions of pounds of valuable investment that has the power to drive economic growth and create jobs.
I’m hugely excited that our Global Investment Summit will be staged at the historic Hampton Court Palace. For centuries, this Palace was a focal point for exploration, innovation and discovery, with famous Britons from Henry VIII to William Shakespeare having lived or visited here.
It is fitting that Hampton Court Palace will continue this tradition and bring together cutting-edge British innovators and the world’s biggest investors to forge new dynamic partnerships.
Chief Executive at Historic Royal Palaces, John Barnes said:
We are delighted to host the Global Investment Summit at Hampton Court Palace, a place that has formed the backdrop to historic events for over 500 years. Since the 16th century, the Palace has been a place filled with ambassadors, explorers, traders and some of the greatest minds of their time, including William Shakespeare, who was commissioned to perform his plays in the Great Hall.
Today, Historic Royal Palaces continues these traditions of exploration, innovation and creativity, and we hope that everyone at the summit will be inspired in the same way by those who came before.
Boasting a rich history back to the 16th Century, the palace – which is cared for by independent charity Historic Royal Palaces – has showcased the best of British sport, theatre and fine art, and has been used as a backdrop for numerous TV programmes and films including Bridgerton, The Favourite and The Theory of Everything.
Investors will also get a quintessentially British experience at the summit, with Beefeaters lining the red carpet as they arrive at the venue, with afternoon tea also being served before carriages depart for Buckingham Palace.
As confirmed earlier this month, speakers at the summit include Blackstone CEO Stephen Schwarzman and Founder of eponymous fashion label Anya Hindmarch CBE.
The UK’s biggest banks – Barclays, HSBC and Lloyds Bank – have also been confirmed as sponsors and principal partners.
