Humiliating double blow for Rachel Reeves as rich flee UK and she gets snub for speaking slot at the...

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Humiliating double blow for Rachel Reeves as rich flee UK and she gets snub for speaking slot at the...
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Chancellor Rachel Reeves meets with the Chinese Vice President in Beijing. The finance minister is facing criticism for traveling to China during financial market turmoil at home, but said 'pragmatic' relations with Beijing would help boost growth.

Chancellor Rachel Reeves faced claims last night that she was being snubbed at home and abroad by powerful rich investors potentially vital to Britain’s economy.

There were also concerns that home-grown British entrepreneurs were also packing their bags in the wake of tax hikes in Ms Reeves’s Budget. Read More ANDREW NEIL: Rachel from Accounts will be laughed out of town at Davos Global analytics firm New World Wealth says Britain lost a net 10,800 millionaires last year – a 157 per cent increase on 2023, with one millionaire reportedly quitting the country every 45 minutes since the election.

In a further blow to Ms Reeves, she is not listed for any of the more than 900 slots available for panellists and key speakers in Davos – in contrast to her high-profile appearances when she was in Opposition.

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