Davos Isn’t Too Down on Britain

Keir Starmer’s invite to WEF signals some see him as the UK’s future. But is the influence of the summit itself becoming a thing of the past? 

Sommer Saadi

10:14 AM IST, 20 Jan 202310:14 AM IST, 20 Jan 202310:14 AM IST, 20 Jan 202310:14 AM IST, 20 Jan 2023

Save

LONDON, ENGLAND - FEBRUARY 03: Britain's Chancellor of the Exchequer Rishi Sunak hosts a press conference in the Downing Street Briefing Room on February 3, 2022 in London, England. As the energy regulator, OFGEM, announced a domestic energy price cap rise of 54 percent earlier today, the Chancellor of the Exchequer announced the Energy Bill Rebate to help ease the cost of living burden. Council tax rebates of £150 for 80% of households and £200 off energy bills in October form £9.1 billion treasury package of support. (Photo by Justin Tallis - WPA Pool/Getty Images)

(Bloomberg) -- Subscribe to on Apple podcastsSubscribe to on Spotify

The Labour leader Sir Keir Starmer and his chancellor Rachel Reeves arrived in Davos on Wednesday as they step up their business-charm offensive. As senior reporter Phil Aldrick puts it on this week’s , they are there to build up their profile. While an appearance from Prime Minister Rishi Sunak might have been seen as “one billionaire speaking to other billionaires,” in the case of Starmer, who reportedly was invited by World Economic Forum Chairman Klaus Schwab himself, it’s an opportunity to present the Labour Party as the UK’s future.

Aldrick joins hosts Francine Lacqua and David Merritt to discuss what attendees of this year's Davos conference are saying about the UK. They also discuss the major agenda items — the war in Ukraine and the Inflation Reduction Act in the US -- as well as what the conversations in Davos mean for the City, and whether Manchester United’s decision to take over one of the shopfronts on the promenade is an attempt to expand its fan base or its roster of potential investors. Meanwhile, there's something else worth talking about: Is the Davos forum's influence a thing of the past?

More stories like this are available on bloomberg.com

Davos Isn’t Too Down on Britain

Keir Starmer’s invite to WEF signals some see him as the UK’s future. But is&nbsp;the influence of the summit itself becoming&nbsp;a thing of the past?&nbsp;

Keir Starmer’s invite to WEF signals some see him as the UK’s future. But is the influence of the summit itself becoming a thing of the past?