Reeves heads to Davos in bid for more investment
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Rachel Reeves will bid for more investment in Britain as she travels to the World Economic Forum’s annual meeting in Davos this week. The Chancellor is expected to meet the heads of major international banks during her two-day visit to the Swiss town on Wednesday and Thursday in an effort to tout the UK as an investment opportunity.
In what the Treasury has described as the UK’s “most visible” presence “in years” at the annual meeting of business and political leaders, she will be joined by Business Secretary Jonathan Reynolds who will meet with corporate chiefs and foreign trade ministers.
Ms Reeves said: “Business leaders and investors need to know that the UK is where their businesses will flourish, so I’m meeting them face-to-face in Davos to make our case. “We are one of the most exciting places in the world for them to put their money, with a history of innovation, a skilled workforce and a stable Government that backs business.”.
The Government has made securing economic growth its primary goal, and sees bringing in more foreign investment as part of achieving that aim. The Chancellor’s trip follows her mission to Beijing at the start of the year, where she sought to rebuild trading and financial links with China as part of those efforts to boost economic growth.
