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,
“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.”
The Conservatives says the Chancellor is ‘deeply out of her depth' and says she must immediately return to Britain.
Davos offers Rachel Reeves an opportunity to make the case publicly and privately for her economic growth plans, with the hope of securing some investment commitments.
Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK government’s careful efforts to avoid responding to frequent criticism from the close Trump ally.
British finance minister Rachel Reeves plans to introduce new budget measures in March if needed to adhere to fiscal rules, emphasizing caution before the OBR's forecast. Economic data may push for further actions following tax increases and increased borrowing,
Rachel Reeves has been championing investment in Leeds at the World Economic Forum in Davos, as the Government announced new reforms to try and drive regional growth.
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,
British Finance Minister Rachel Reeves will promote the UK as a prime investment location at the World Economic Forum in Davos. Highlighting political and economic stability, she aims to persuade global business leaders,
The chancellor, speaking to Sky News at Davos, says she does not think the UK would be a target for tariffs threatened by president Donald Trump.
The Pound Sterling posts a fresh two-week high above 1.2400 against the US Dollar after US President Trump supported immediate interest rate cuts from the Fed.