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business leaders urge patience for new uk government's economic plans

At Davos 2025, Barclays CEO CS Venkatakrishnan urged patience for the new Labour government, emphasizing the UK's potential and the need for time to implement policies. Meanwhile, Lloyds CEO Charlie Nunn called for the government to accelerate its plans to boost competitiveness and growth amid concerns over a £40 billion tax-raising budget that could lead to job losses and inflation. Business leaders expressed mixed feelings, with some supporting the government's proactive approach while others warned of the economic impact of recent tax increases.
thetimes.com
British Pound Sterling UWS JP Morgan EM A OSB The Goldman Sachs Group, Inc. Standard Chartered PLC Barclays PLC GBR C. S. Venkatakrishnan Jonathan Reynolds Rachel Reeves Jamie Dimon Jo Taylor David M. Solomon Charlie Nunn Varun Chandra Bill Winters Show more
Politics & Governance, News Article
11:15 21.01.2025
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