Jan 9, 2025, 1:49 AM
Jan 6, 2025, 10:00 PM

Rachel Reeves urges foreign investors to see the UK's potential at Davos 2025

Highlights
  • Rachel Reeves leads a delegation in Davos to attract investors to the UK.
  • The meeting focuses on obtaining funding for infrastructure and green energy projects.
  • Reeves aims to reassure UK business leaders and alleviate concerns regarding recent budget changes.
Story

In January 2025, the UK government, represented by Rachel Reeves and other ministers, is participating in the World Economic Forum meeting in Davos, Switzerland. This year's attendance is focused on attracting international investors to boost the UK's economy, particularly during a period of rising tensions regarding national insurance increases announced previously. Rachel Reeves, who has experience attending this event as the shadow chancellor, aims to convey a positive message about the UK's economic landscape. Her objectives include meeting sovereign wealth funds and US private equity investors to secure funding for transformative infrastructure and green energy projects. In addition, she plans to engage with UK business leaders at the forum to address concerns over recent government policies, particularly the rise in employer national insurance. This dialogue is crucial given the growing frustration among business sectors about financial obligations and the impact on their operations. By emphasizing the potential for growth and interest in future projects, Reeves seeks not only to reassure local businesses but also to highlight the country's commitment to encouraging investments that ultimately contribute to a greener economy. The government's mission in Davos symbolizes an effort to redefine the UK's standing on the global stage and to project confidence in its growth trajectory.

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