The former Google boss Eric Schmidt<\/a> has been named as one of the high-profile executives attending the Labour government\u2019s first international investment summit.<\/p>\n Schmidt, who was Google\u2019s chief executive from 2001 to 2011, is expected to play a prominent role at the summit in central London on 14 October, where he will take the stage in conversation with Keir Starmer.<\/p>\n The prime minister is hoping the summit will send a clear signal to investors that Britain under Labour is open for business and encourage a fresh injection of private money to drive his growth agenda.<\/p>\n The government said other confirmed speakers included the current president of Google\u2019s owner Alphabet, Ruth Porat; the chief executive of the Canadian investment firm Brookfield Asset Management, Bruce Flatt; and the boss of UK self-driving car technology startup Wayve, Alex Kendall.<\/p>\n Technology is likely to be a key focus of the summit, but the Tesla boss and owner of X, Elon Musk, has not been invited<\/a> after his controversial social media posts<\/a> during August\u2019s riots in England.<\/p>\n Musk took centre stage in November last year at a UK summit on AI, where the then Conservative prime minister, Rishi Sunak, played the role of a chatshow host and flattered the entrepreneur during a 40-minute conversation.<\/p>\n Musk has endorsed Donald Trump in the upcoming US election and appeared alongside him<\/a> on Saturday at the site in Butler, Pennsylvania where Trump narrowly escaped assassination in July.<\/p>\n Commenting on Labour\u2019s investment summit, Schmidt said: \u201cWhen the UK hosted the first global summit on AI safety, the country displayed its commitment to being a leader in responsible innovation. Now, it has the opportunity to go even further and articulate a vision for the future where the UK is a hub for world-class talent.<\/p>\n \u201cI\u2019m looking forward to discussing with the prime minister how we can drive even greater investment in research and education to ensure the UK stays at the forefront of these technological breakthroughs.\u201d<\/p>\n Labour hopes the event will be a boost for investment in the UK two weeks before the budget on 30 October.<\/p>\n Some business leaders at Labour\u2019s annual conference in Liverpool last month complained, however, that the summit was ill-timed<\/a>, coming two weeks before the budget when key government policies would still be unknown. Those include spending priorities and potential changes to taxes, including inheritance tax and business rates.<\/p>\n