LONDON, ENGLAND - NOVEMBER 25: Matthew Palmer, US Embassy Deputy Chief of Mission, attends the Annual CBI Conference, at Queen Elizabeth II Centre on November 25, 2024 in London, England. The annual conference, organised by the Confederation of British Industry, brings together business and political leaders. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - NOVEMBER 25: Matthew Palmer, US Embassy Deputy Chief of Mission, attends the Annual CBI Conference, at Queen Elizabeth II Centre on November 25, 2024 in London, England. The annual conference, organised by the Confederation of British Industry, brings together business and political leaders. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - NOVEMBER 25: Matthew Palmer, US Embassy Deputy Chief of Mission, attends the Annual CBI Conference, at Queen Elizabeth II Centre on November 25, 2024 in London, England. The annual conference, organised by the Confederation of British Industry, brings together business and political leaders. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - NOVEMBER 25: Matthew Palmer, US Embassy Deputy Chief of Mission, attends the Annual CBI Conference, at Queen Elizabeth II Centre on November 25, 2024 in London, England. The annual conference, organised by the Confederation of British Industry, brings together business and political leaders. (Photo by Leon Neal/Getty Images)

Director general of the Confederation of British Industry (CBI) Rain Newton-Smith gives the opening speech during the CBI annual conference, in London, on November 25, 2024. (Photo by Adrian DENNIS / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

Director general of the Confederation of British Industry (CBI) Rain Newton-Smith gives the opening speech during the CBI annual conference, in London, on November 25, 2024. (Photo by Adrian Dennis / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

Director general of the Confederation of British Industry (CBI) Rain Newton-Smith gives the opening speech during the CBI annual conference, in London, on November 25, 2024. (Photo by Adrian Dennis / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

Director general of the Confederation of British Industry (CBI) Rain Newton-Smith gives the opening speech during the CBI annual conference, in London, on November 25, 2024. (Photo by Adrian Dennis / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)