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The Business Magazine July 2024
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Steve Rigby of The Rigby Group leads UK support for Investment Summit

The Business Magazine article image for: Steve Rigby of The Rigby Group leads UK support for Investment Summit
Steve Rigby
14 October 2024
Steve Rigby

Steve Rigby, Co-Chief Executive of the Stratford-upon-Avon based Rigby Group, Europe’s largest private investor in technology, is one of 12 signatories to a letter in The Times today voicing their support for investment opportunities in Britain.

The letter is published on the same day as the government's much-anticipated Global Investment Summit takes place in London.

Steve is also Chair of the UK's Private Business Commission; on the Board of Family Business UK (FBUK); a patron of the Entrepreneurs Network; a member of the Wall Street Journal CEO Council and a judge for EY Entrepreneur of the Year.

The letter said: "As global investors, we believe that there is a very real opportunity for the UK to grow its economy by attracting international investment. Britain’s educational establishments, legal system, financial services sector and language form the bedrock of a strong investment proposition. Technological developments, advances in the energy system and greater freedom in capital flows have further enhanced Britain’s position. With greater stability, its attractiveness is increased even further. We are optimistic about the future of the economy, and believe it is time to invest in Britain."

Alongside Steve, signatories include Amanda Blanc of AvivaAnne Richards, Fidelity International; António Simões, Legal and GeneralBeatriz Martin Jimenez, UBS; Bernard Mensah, Bank of America; Bill McDermott, ServiceNow; Cath Bowtell, IFM Investors; David M Solomon, Goldman SachsDr Markus Krebber, RWE AG; Filippo Gori, JP Morgan; Jonathan D Gray, Blackstone; Philipp Freise, KKR and Viswas Raghavan, Citi.

Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the inaugural International Investment Summit today.

At his speech to the summit, the Prime Minister is expected to say not enough has been done to make sure the UK is keeping pace with emerging industries. He will pledge to “upgrade the regulatory regime to make it fit for the modern age, making Britain fit to harness all opportunities.”

The summit will involve sessions with ministers and business leaders to discuss how together we can ensure the UK capitalises on emerging growth sectors including health tech and AI, clean energy and creative industries, for the good of working people. Confirmed speakers including Ruth Porat President & Chief Investment Officer of Alphabet, David A. Ricks Chair and CEO of Eli Lilly, Alex Kendall CEO of Wayve and Pushmeet Kohli Vice President of Research at Google DeepMind. 


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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