Ministers will be banging the drum for Britain at Davos this
week, with the most visible UK Government presence in recent
years pitching the UK's investment offer to top business chiefs.
Chancellor and Business and Trade
Secretary will meet with leading
members of the global business community to encourage them to put
their money into the UK and back British business.
They will highlight the UK's political and economic stability,
making us an attractive place to do business. This is backed by
an unashamedly pro-business government that is slashing
burdensome regulation, launching ambitious planning reform, and
leveraging our trade relationships with Europe, America, Asia,
the Gulf and beyond to help businesses use Britain as their base
to connect with exciting global markets.
The visit will continue to deliver on the government's number one
mission to grow the economy and raise living standards for
working people, coming days after the IMF revised their growth
forecast for the UK economy upwards for next year.
The government's Davos attendance also follows a survey from
consultancy firm PwC, who on Monday ranked the UK as the second
most investible location globally after the U.S. – the first time
the UK has secured this position in the 28-year history of the
survey.
Chancellor of the Exchequer 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.
“I will not rest until the UK economy is growing and this
government is delivering on its Plan for Change, so we can put
more money in people's pockets. The time to invest in Britain is
now.”
The Chancellor will be on the ground at Davos on Wednesday 22 and
Thursday 23 January. She and the Business Secretary will speak at
a Bloomberg event on Wednesday morning. She will also speak at
the Country Strategic Dialogue alongside Ruth Porat, president
and CIO of Google and Julie Sweet, CEO of Accenture, to over 80
global CEOs and business leaders from across tech, financial
services and green industries. In the evening the Chancellor will
attend the Global Goals dinner.
On Thursday, the Chancellor will take part in a fireside chat
with the Wall Street Journal to an audience of business leaders,
following which she will speak at an economy roundtable with
fellow finance ministers on global issues. The Chancellor will
also speak at a lunch hosted by the CBI to an audience of 50
senior executives from UK-based businesses and international
investors.
Meetings are planned with a wide range of CEOs and business
leaders, including Jamie Dimon, CEO of JP Morgan, Jo Taylor,
president of the Ontario Teachers' Pension Plan, and David
Solomon, CEO of Goldman Sachs – amongst others.
The Business and Trade Secretary will have bilateral meetings
with many of his international trade counterparts, including
Robert Habeck, Vice-Chancellor of Germany, Maros Sefcovic,
Executive Vice-President of the European Commission and WTO
Director-General Dr Ngozi Okonjo-Iweala. He will also meet with a
range of businesses and investors, including AON; Anglo American;
AWS; Carlsberg; Capgemini; Honeywell; RWE; and SABIC.
Business and Trade Secretary said:
“Britain is back in business under this government, and our Plan
for Change is already delivering for working people.
"The UK is the most connected market on earth, and we will
continue to be the home for innovative businesses looking to face
outwards to the world. We've lifted barriers to investment and
secured £63 billion at the International Investment Summit,
creating thousands of jobs in the process. These investments
promise better wages, stronger communities, and better services
and I'll be at Davos to build on this momentum.”
The UK Government's presence at Davos will also be the most
visible in years, with print and out of home marketing promoting
the UK's connectivity, openness and opportunity to coincide with
the summit.
