The size of the change to the Temporary Repatriation Facility, a three-year scheme to help ex non-doms bring their assets to the UK at a 12% tax rate, was described as a "tweak" that would not be expected to significantly change the money raised from the overall policy. The change will be made through amendments to the Finance Bill.

For a Labour chancellor it was a bold move: Rachel Reeves went to Davos and told an audience of global plutocrats that she wanted to make their lives easier by creating a riskier regulatory environment for UK consumers.

Chancellor of the Exchequer Rachel Reeves said she will relax some of her changes to the UK’s tax regime for wealthy foreigners, known as “non-doms,” amid concerns the Labour government’s policies are pushing millionaires to leave the country.

British finance minister Rachel Reeves plans to introduce new budget measures in March if needed to adhere to fiscal rules, emphasizing caution before the OBR's forecast. Economic data may push for further actions following tax increases and increased borrowing,

The Chancellor must needs to assure people in both Davos and Dudley that Britain is not where great projects go to die.

British finance minister Rachel Reeves told Reuters on Thursday that she will announce new budget measures if necessary in March to meet her fiscal rules, but added that it was important not to "jump the gun" with two months still to go.

The chancellor, speaking to Sky News at Davos, says she does not think the UK would be a target for tariffs threatened by president Donald Trump.

After a surge in yields in recent months, the U.K. is prepared to announce measures to ensure it meets spending and borrowing rules in March, said Rachel Reeves, the country's Treasury chief. "I'll set out the measures that are necessary,

British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos, Switzerland, to invest in the UK, emphasising its political and economic stability and pro-business government,

Rachel Reeves will hold talks with allies of Donald Trump in Davos next week in an attempt to woo the new US administration...

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

Labour hailed by business as Starmer successfully courts Davos” – that was how Bloomberg handled Keir Starmer and Rachel Reeves’ trip to the snowy showy place in 2023, before they took office. We are now 24 months on and Reeves is set to face a very different reception as she heads up the mountain for the annual meeting of the World Economic Forum this evening.