LONDON, Nov 23 Reuters Prime Minister Rishi Sunak has chosen Hampton Court, a 16thcentury palace renowned for its maze, to host a summit at which he will attempt to win back favour among investors who have been left disoriented by twists and turns in British policy.
As Britain looks to wrestle its ranking as Europe39;s top foreign direct investment FDI destination back from France, Sunak will need to reassure them next week of a guiding hand from government and of no more policy dead ends.
Years of political churn with five prime ministers and a nonstop ministerial carousel since the 2016 Brexit vote have shaken Britain39;s reputation for stability among investors.
Hoping to emulate a French event in the glittering Versailles palace in May at which President Emanuel Macron won 13 billion euros 14.2 billion of commitments, Sunak will urge his business audience to show similar faith in Britain.
But they may take some persuading.
Britain has changed course on key policies including its rate of corporation tax, its net zero timetable, a major highspeed rail project and its offshore and onshore wind policies.
Some executives say the country, long a magnet for FDI, has simply taken them for granted. Others told an official review that they struggled to navigate the country39;s slow and cumbersome system.
The UK has diminished in its ability to attract capital in a variety of sectors, said Jack Paris, the head of InfraRed Capital Partners, which manages 14 billion of…