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Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. It added that Spanish power giant Iberdrola (IBE.MC) would add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks. France has overtaken Britain as the European country with the highest number of new FDI projects. President Emmanuel Macron announced 13 billion euros ($14 billion) of investment commitments in France at a similar FDI gathering in May. "It wants to deal with one person," investment minister Dominic Johnson told Reuters, adding ministers could then have "very strong, frank discussions with the international investment community about how we can make the environment more investable".
Persons: Rishi Sunak, Kemi Badenoch, Sunak's, Iberdrola, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Amanda Blanc, Dominic Johnson, IFM, King Charles, William Schomberg, Alistair Smout, Louise Heavens, Mark Potter Organizations: British, Global Investment, Business, IFM, Microsoft, Blackstone, LBC, Nissan, Reuters, Thomson Locations: Hampton, East Molesey, Surrey, Britain, France, Germany, England, Buckingham
LONDON, April 29 (Reuters) - Britain's King Charles will wear robes of crimson and purple silk velvet at his May 6 coronation which were once worn by his grandfather King George VI at his own coronation in 1937, Buckingham Palace said on Saturday. Charles and his wife Camilla will wear two sets of robes at the coronation service: crimson Robes of State when they arrive and purple Robes of Estate as they leave, all conserved or made by the 334-year-old London tailors Ede and Ravenscroft. Kirsty O'Connor/Pool via REUTERS 1 2 3Insects, including bees and a beetle, will feature on a coronation robe for the first time, the palace said. Pictures released by the palace showed members of the Royal School of Needlework carrying out work on a crimson velvet robe several feet long with a gold lace border, to be worn by Charles. Reporting by Sachin Ravikumar; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
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