HM Treasury

📢We are delighted to announce that the Rt Hon Rachel Reeves MP, Chancellor of the Exchequer, will join our 2024 Annual Conference today to address the business community📢 The Chancellor will join a fireside chat with Chief Executive of Scottish Power, Keith Anderson. We'll live stream this on LinkedIn and YouTube at 4.10pm today.   #CBI24 #BusinessGrowth #UKEconomy #Networking #BusinessEvents 

We did it… 🎉   Today, we’re thrilled to announce that over £250 Million in capital has been raised for the UK’s female founders 🇬🇧   This marks a historic milestone in our mission to make the UK the best place in the world for female entrepreneurs to thrive.   Major investors - including Barclays, M&G plc, British Business Bank, Morgan Stanley, Visa Foundation, BGF and Aviva - have pledged their commitment to investing in female-led businesses, either directly or through the ‘Women Backing Women’ fund.   At over £250 million, the funding pool is among the largest globally for female-powered teams.    Female decision-makers will be responsible for deploying the investment pool. Recognising that women invest in women 2x the rate of men, dismantling systemic barriers for both female entrepreneurs and investors.   This is just the beginning… 🚀

Reaching equal representation “will be good for business, and it will be good for equality. And those two things, in my view, go hand in hand." The Chancellor Rt Hon Rachel Reeves and Economic Secretary Tulip Siddiq welcomed women from across the financial services sector to Downing Street yesterday, to celebrate the achievements of women across the industry, and highlight the importance of gender balance in the workplace to help businesses thrive.

My government has a clear-eyed determination to deliver growth, create wealth and put more money in people’s pockets.    Our mission can only be achieved by working in close partnership with businesses and investors - which is exactly what we are doing.    BlackRock has a big footprint in the UK and supports thousands of jobs across the country. Their insight on how we can put the UK on the world’s stage as a top investment destination and turbocharge growth is invaluable.    Delighted to welcome them to Downing Street today to continue my government’s partnership with leading businesses.

Indonesia is one of the world's fastest growing economies and a key partner for us in the Indo-Pacific region. It’s home to some of the world’s fastest growing economies and markets, creating new and exciting opportunities for UK businesses. Our partnership continues to thrive, from enabling the success of key industries we both excel in such as financial services, where UK imports to Indonesia are worth $376m, to fostering growth and stability. We are also working to strengthen climate and development finance, reflecting our shared commitment to a sustainable future.

As the Chancellor said in the Autumn Budget, the only way to drive economic growth is to invest, invest, invest.   That is why we launched the National Wealth Fund, mobilising billions in private capital, held the International Investment Summit, securing £63bn in investment and 38,000 jobs, and introduced a Budget that will provide a £100bn boost to public investment over 5 years.   Today Rt Hon Rachel Reeves met Group Chairman of UBS, Colm Kelleher, to speak about this government's commitment to fostering sustainable, inclusive growth, while enhancing the UK's status as a global financial leader. 

🚨 Big news dropping on Monday 25th November... 🚨  Since launching the Invest in Women Taskforce, we’ve been unwavering in our mission: to make the UK the best place in the world to be a female entrepreneur.   Currently, just 11% of senior investment committee members are women. And just 1.8% of equity capital goes to fully female-founded businesses. We’re here to change that.   From March to now, we’ve been laying the groundwork for transformation – and we’re just getting started.   Stay tuned for our big announcement on Monday 25th November – you don’t want to miss it! 📽 Hannah Bernard OBE, Debbie Wosskow, OBE, Grace Beverley, Ayaan Mohamed Ali, Louis Taylor, Alex Seddon and Department for Business and Trade

Incredible talent, a brilliant tech and digital ecosystem, and a global leader in fintech. Just some of the reasons businesses are investing in the UK. Hear more reaction from the Chancellor's Mansion House speech, where last week she announced proposals that could help to unlock around £80bn of investment for new infrastructure projects and exciting new businesses.

The UK and Spain are closely linked, with the UK being their second biggest destination for foreign direct investment, and Spain being our 7th largest trade partner, with trade between our nations worth £63bn over the last year. Chancellor Rt Hon Rachel Reeves met Carlos Cuerpo today to talk about the UK-Spain bilateral relationship and how we can work together with European partners in tackling global economic issues, such as increasing investment to support economic growth.