“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them and the [bond market] challenges of last week reinforce that issue.”
Rachel Reeves promised to "sell Britain" at Davos 2025, but did she succeed? Comms afficionado Zaki Cooper reports from the Swiss Alps.
Labour chancellor will try to attract overseas investment at World Economic Forum meeting this week while row rages at home over tax changes for millionaire foreign nationals living in the UK
British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos, Switzerland, to invest in the UK, emphasising its political and economic stability and pro-business government,
The Chancellor has not been asked to speak, with EU Commission President Ursula von der Leyen being preferred over her.
That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court investors at the annual meeting of the World Economic Forum. She met a raft of Wall Street bosses,
Chancellor Rachel Reeves said she wanted the tax burden to come down but that would depend on the economy and public finances improving.
Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves has announced. Reeves told an audience at the World Economic Forum in Davos that changes would be made to upcoming legislation to increase the generosity of a facility to help non-doms repatriate their funds to the UK.
Rachel Reeves will hold talks with allies of Donald Trump in Davos next week in an attempt to woo the new US administration...
The Chancellor must needs to assure people in both Davos and Dudley that Britain is not where great projects go to die.
Rachel Reeves is expected to meet Donald Trump’s allies at Davos in a bid to talk up the UK’s growth prospects. The Chancellor is set to attend the World Economic Forum in Switzerland in the days following the US President’s inauguration and in the wake of turmoil in the UK bond markets.
Rachel Reeves has insisted the UK would continue to meet her “fiscal rules”, describing them as the “bedrock” of economic stability.