Labour Party Leaders Attend Davos, Pledge to Restore UK's Business Reputation

Shadow Chancellor Rachel Reeves emphasizes the importance of private sector investment and criticizes Conservatives' economic policies.

UK Labour Party leaders, including Shadow Chancellor Rachel Reeves and Shadow Business Secretary Jonathan Reynolds, are attending the World Economic Forum in Davos, marking a significant shift from the party's previous stance under Jeremy Corbyn.
Reeves is set to use the platform to pledge to 'restore Britain’s reputation as a place to do business' and emphasize the importance of private sector investment in achieving Labour's growth strategy.
The Labour Party's attendance at Davos is seen as a strategic move to highlight their pro-business credentials ahead of a general election, with the party currently leading in the polls.
Reeves will criticize the Conservatives for '14 years of stagnant economic growth and political uncertainty' that she argues has damaged Britain's reputation and attractiveness for business.
Reeves will also speak about the need to rebuild the nation's economic defenses in response to global shocks, such as conflicts in Ukraine and the Middle East, and the resulting economic instability.