Chancellor Rachel Reeves declares 'Britain is back open for business'

‘Take another look at us’

Sorin Dojan
clock • 2 min read

Chancellor of the Exchequer Rachel Reeves is set to announce that the the UK is "open for business", as she arrives in Rio de Janeiro, Brazil, for her first G20 meeting today (25 July).

Reeves is set to ask business leaders to "take another look at Britain", in an attempt to bolster international investment after years of uncertainty and instability driven by a mix of factors, including Brexit, the Covid-19 pandemic and a cost-of-living crisis. This is Reeves' first trip as head of the Treasury, and she is expected to tell the international audience that the number one priority of her Labour government will be to achieve economic growth and improve the prosperity of every region in the country. According to her, this can only happen "by working alongside business fro...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Editor's view: Will the next budget scupper tax planning clarity?

Editor's view: Will the next budget scupper tax planning clarity?

The editor's view from 15 August

Jen Frost
clock 18 August 2025 • 3 min read
'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

'Barriers are institutional, not technical': Industry split over ten-day pension switch proposal

After PensionBee calls for a legally enforceable transfer guarantee

Sahar Nazir
clock 18 August 2025 • 2 min read
Advisers have 'powerful opportunity' to guide clients through retirement fears

Advisers have 'powerful opportunity' to guide clients through retirement fears

Clients finding it hard to spend money they have saved

Isabel Baxter
clock 18 August 2025 • 2 min read