Rachel Reeves is preparing to woo Wall Street titans next month in an effort to boost US investment in the UK.
The chancellor is planning a visit to New York in early August to meet some of America’s biggest investment firms, The Times has learnt.
The trip will include a one-on-one dinner with Stephen Schwarzman, the billionaire chairman and chief executive of Blackstone, the world’s biggest commercial property investor. Preparations are also under way for a breakfast with Wall Street leaders, it is understood. However, the agenda is still being finalised.
Reeves and Sir Keir Starmer are hoping to attract billions of pounds of private investment into the UK to help boost growth and reduce the need for big tax hikes.
The chancellor wants to