British Finance Minister Rachel Reeves will advocate for UK investments at the upcoming World Economic Forum in Davos, Switzerland. Her office announced that Reeves, along with Business Minister Jonathan Reynolds, will promote the UK's political and economic stability and pro-business government to company executives. They plan to emphasize recent regulatory reforms aimed at facilitating business operations.
Reeves is scheduled to meet with prominent business figures such as JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon, highlighting the UK as an attractive investment destination due to its history of innovation, skilled workforce, and supportive government. Reeves stated, "The time to invest in Britain is now."
Her visit to Davos follows the International Monetary Fund's upward revision of Britain's growth forecast for 2025, positioning the UK as the second most investible country globally after the United States, according to a recent report. Reeves' Labour Party, which returned to power last July, faces economic challenges and pressure from a recent bond market selloff.
Reeves has been vocal about encouraging regulators to adapt to economic conditions. She endorsed proposals to ease mortgage restrictions to stimulate the housing market, indicating an openness to new financial regulations. The Davos meeting coincides with the anticipation of policy changes from U.S. President Donald Trump, following a WEF survey that ranked economic risks, including extreme weather, for 2025.