Finance
UK's Starmer names business adviser Chandra as special envoy to US
Published by Global Banking & Finance Review®
Posted on January 23, 2026
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 23, 2026
2 min readLast updated: January 23, 2026
UK PM Keir Starmer appoints Varun Chandra as special envoy to the US, focusing on trade and investment. Chandra will work with diplomat Christian Turner.
By Andrea Shalal
WASHINGTON/LONDON Jan 23 (Reuters) - British Prime Minister Keir Starmer has named his top business adviser, Varun Chandra, as the special envoy to the U.S. on trade and investment, a statement from Starmer's office confirmed on Friday.
Reuters had earlier cited two sources familiar with the matter as saying Chandra had been appointed.
"Chandra will lead work across government to advance the UK’s economic interests in the United States and drive forward trade and investment opportunities in both countries," the statement said.
The move comes amid tensions between Britain and the U.S. over President Donald Trump's pursuit of Greenland, his comments on NATO troops staying off the front line in Afghanistan, and his Board of Peace initiative.
Chandra will work closely with veteran diplomat Christian Turner, who was named last month to replace the former ambassador to Washington, Peter Mandelson. Mandelson was fired in September over supportive emails he sent to convicted sex offender Jeffrey Epstein.
Chandra, who had also interviewed for the top diplomatic spot in Washington, will be based in Britain, traveling back and forth to the U.S., the sources said. Turner is expected to arrive in the U.S. next week, one of the sources said.
The appointment formalises the role Chandra has already been playing as a key liaison with top U.S. officials, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, Energy Secretary Chris Wright and U.S. Trade Representative Jamieson Greer, the source said.
He played a key role in facilitating more than $10 billion in economic deals announced during Trump's state visit to Britain in September.
Lutnick posted a photograph with Chandra on his X account a month ago, saying, "Always great to be with Varun Chandra. He is an excellent representative of Great Britain and a trusted friend. Our partnership is deep and the future looks bright."
Chandra started working for Starmer in July 2024 after a decade with Hakluyt & Co, a global strategic advisory firm, and has close ties to U.S. business leaders, including JPMorgan Chase CEO Jamie Dimon, the source said.
The news of Chandra's appointment was first reported by Bloomberg.
(Reporting by Andrea Shalal in Washington, additional reporting by James Davey in London; Editing by Andrew Heavens and Sharon Singleton)
A special envoy is a diplomatic representative appointed to handle specific issues or negotiations, often in a particular region or country, to facilitate communication and cooperation.
Business investment involves allocating resources, usually money, into a business venture with the expectation of generating profit or financial return.
International capital refers to financial assets that are invested across national borders, which can include investments in foreign companies, stocks, or bonds.
A diplomat is an official representative of a country who manages international relations, negotiates treaties, and promotes the interests of their home country abroad.
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