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Reeves says UK ‘open for business’ as Revolut pledges £3bn new investment
['Anna Wise', 'Pa Business Reporter']
Shropshire Star
Rachel Reeves has said the UK is getting “ahead in the global race for investment” as Revolut unveiled plans to plug £3 billion into its expansion in the country.
The Chancellor welcomed the pledge at the opening of the financial firm’s new head office in London’s Canary Wharf.
It follows major US financial firms last week announcing billions of pounds worth of investment into jobs and growth in the UK.
Chancellor Rachel Reeves welcomed Revolut’s investment (Belinda Jiao/PA)Ms Reeves said: “The UK is well and truly open for business under this Government.
This will include expanding “global talent and high potential” visa routes and making them easier to access by firms that want to hire people from abroad.
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