Downing Street rejects Musk’s suggestion companies are turning away from UK
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Downing Street insisted Sir Keir Starmer was running an “unashamedly” pro-growth government after Elon Musk lashed out at his policies. Tesla boss Mr Musk said “very few companies” would be willing to put money into the UK under “the current administration”.
Mr Musk, a close ally of US President-elect Donald Trump, was responding to calls to build a new plant for his electric cars in Scotland. Downing Street rejected Mr Musk’s assessment of the Government’s policies, but sought to avoid being drawn into a public spat with the owner of the X social media site and a member of Mr Trump’s inner circle.
The Prime Minister’s official spokesman said: “I’m not going to kind of get into commentary on individual comments, but if you look at what’s happened since the election, you’ve seen the £63 billion of additional investment from the investment summit.
“You’ve seen the Government respond to some of the businesses’ key concerns in the UK, which is lack of stability, and the Government’s brought back that stability, both politically and economically.”. The spokesman said “the Government has taken an unashamedly pro-growth and pro-business approach”.
Writing on X, Mr Musk said: “Very few companies will be willing to invest in the UK with the current administration.”. Mr Musk is rumoured to be considering a major donation to Nigel Farage’s Reform UK. He met both Mr Farage and Reform’s treasurer Nick Candy at Mr Trump’s Mar-a-Lago resort earlier this month.
