‘The building blocks are there’: global investors’ verdict on Reeves at Davos

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We’ve never been more focused and determined.“We need that fast and furious approach to delivery on the ground, and those actions need to match the ambition,” said Rain Newton-Smith, the director-general of the CBI.“It does feel like the building blocks are there but it will take courage and doubling down on the things that really help to drive growth.

The meetings of the World Economic Forum in Davos gave Reeves an opportunity to woo investors rattled by the UK’s poor growth performance.

She warned that “too many things are holding back the supply-side of the economy”, decrying “crazy” rules impeding infrastructure planning and alluding to the £100mn price tag on an arch to protect bats from the High Speed 2 rail line.“If we always say no, lo and beyond will have the same outcome — poor growth and deteriorating living standards,” Reeves added.

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Article Details

Author / Journalist: Harriet Agnew

Category: MarketsFinanceInvesting

Markets: United States

Topics: Rules Reeves Davos Executive Growth Including Investors Government’s Business Financial Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 19:15:47 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1263 words

Reading Time: 8 minutes read

Sentences: 35 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25378999

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