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.

That left Rachel Reeves, Britain’s chancellor, with an uphill task when she arrived at the Swiss alpine town to court investors at the annual meeting of the World Economic Forum. She met a raft of Wall Street bosses,

The Conservatives says the Chancellor is ‘deeply out of her depth' and says she must immediately return to Britain.

Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK government’s careful efforts to avoid responding to frequent criticism from the close Trump ally.

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 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,

Chancellor Rachel Reeves inherited a bad economic hand from the Tories - but in her darkest moments, she has seen a string of fortunate breaks allowing her breathing space

She is losing control of the public finances and pressure is now building for yet more tax rises or spending cuts. She needs to come back to the UK and get our finances on a sustainable footing'

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,

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.

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 is to amend some of the changes to tax rules for non-domiciled individuals announced in October’s Budget