Plans to abolish non-dom status will be amended to allow a more generous phase out of tax benefits, Chancellor Rachel Reeves has announced. Reeves told an audience at the World Economic Forum in Davos that changes would be made to upcoming legislation to increase the generosity of a facility to help non-doms repatriate their funds to the UK.

Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a big blow to the thousands of people set to lose their jobs,

Rachel Reeves has been accused of a “Davos deal for millionaires” after announcing she was watering down moves to make wealthy foreigners pay more tax. The chancellor said she had been “listening to the concerns” of “non-doms” living in the UK.

UK chancellor wasn’t invited to speak at the myriad of debates and panel discussions that front the four-day event in the Swiss Alps

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 has not been asked to speak, with EU Commission President Ursula von der Leyen being preferred over her.

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,

Rachel Reeves has suggested she will alter some of the more controversial non-dom reforms announced in the Autumn Budget.

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...

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.

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.