Chancellor, who flies to Davos on Tuesday, will announce changes aimed at encouraging global firms to bring highly skilled staff to Britain
Rachel Reeves will pledge to refund visa fees for some global businesses on Tuesday, as she flies to the World Economic Forum in Davos aiming to showcase the UK as a haven of stability, despite Donald Trump’s latest tariff threats.
The chancellor, who will be accompanied by the business secretary, Peter Kyle, will hold a series of meetings with business leaders at the annual gathering of the global elite in the Swiss mountain resort.
She will announce tweaks to the visa regime aimed at encouraging “trailblazer” businesses to bring highly skilled staff to the UK – including refunding fees – and speeding up the time it takes to qualify as a sponsor of migrant workers.
“Some countries give you a platform, but Britain gives you momentum. My message at Davos this week is clear: choose Britain – it’s the best place in the world to invest,” the chancellor said in pre-released remarks.
