Reeves on the line: an interview with Britain's chancellor at Davos

雷维斯在线:对话英国财长达沃斯之行

Money Talks from The Economist

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2025-01-24

44 分钟
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Earlier in January, we discussed the growth crisis facing Rachel Reeves, Britain's chancellor. Today, she's in Davos trying to sell her remedy to the country's manifold economic woes. But are her plans enough to rescue Britain from its 17-year funk? Hosts: Mike Bird and Ethan Wu. Guests: The Economist's editor-in-chief Zanny Minton Beddoes; our business affairs editor Rachana Shanbhogue; and Rachel Reeves. Transcripts of our podcasts are available via economist.com/podcasts. Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+.
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  • The Economist.

  • It's that time of the year again.

  • It is my great honour to welcome you to the World Economic Forum's annual meeting in 2025.

  • The bosses of firms from UBS to DHL, as well as celebrities like David Beckham,

  • have descended on the Swiss mountain town of Davos.

  • And why wouldn't they?

  • For one week only, the world's wealthiest people are in a single place to do deals,

  • make announcements, and behind closed doors, discuss the fate of the world.

  • For Britain's politicians,

  • the decision of whether to be seen hobnobbing with the world's financial elite can be a fraught one.

  • They're all flying in in their private jets.

  • It's so hypocritical.

  • You know, I know Keir Starmer, your man, loves it.

  • He loves Davos.

  • This is all about swigging champagne and having a few vol-au-vons.

  • They're making money because they're all there lobbying with their politicians.

  • But for Rachel Reeves, the British Chancellor of the Exchequer,

  • who's pledged to solve the country's growth crisis and to stabilise its shaky fiscal foundations,

  • there is no question about whether she should be there.

  • She's trying to persuade the world to invest in Britain.