Reeves to host bosses of UK and US financial firms as Trump visit begins | Rachel Reeves

Rachel Reeves will host the bosses of the best USA and the UK finance companies in Downing Street on Tuesday morning as Donald Trump begins an official state visit.

The meeting, which will be organized jointly by US Treasury Secretary Scott Bessent, will participate in the senior figures of Blackrock, Barclays and Blackstone, who will hold round table meetings with the authorities to emphasize the economic cooperation between the two countries.

Trump’s two -day visit will include a number of work activities, including a state feast with technology bosses and senior cabinet ministers on Wednesday evening. Trump will then travel to Dama on Thursday for a business reception, working lunch and a press conference with Keir Starmer.

Meanwhile, the ministers will hope that the round table meeting with financial bosses from the city and Wall Street on Tuesday will provide more foreign investments that can produce growth and positive headings before a challenging budget in November.

This is expected to contain a £ 100 billion investment, known for its private capital investments and is an alternative asset manager who manages an existence of approximately 1.2 TN (£ 880 billion). This is the approval of an investment of $ 500 billion, and to invest in Europe in the next decade.

Sky News, which broke the investment of Blackstone on Monday morning, said funds will include private capital purchases as well as other forms of investment.

Leading of Steve Schwarzman, Blackstone marks for 25 years in London, which started operations in the city in 2000. The office is currently employing 650 people and already investing about $ 100 billion in England. This includes real estate investments, including a data center in the north of England. In June, Schwarzman told Bloomberg that “the British government was really useful, it really focuses on it.”

Blackstone’s investment pledge will be a pleasant news that helps to balance the challenging decisions in the next autumn budget. The rumors are returning to think about a number of potential tax increases, including the rent income of banks, property and landlords in order to attach a lack of £ 40 billion in the public finance of the chancellor.

The government launched a new attraction attack to maintain businesses, and last week, Reeves promised to close more organizers throughout England to encourage growth.

In July, Reeves claimed that the organizers were a “boat on his neck ,, to the private capital bosses, the chairman of the competitions observer, he had already dismissed, closed the payment editor and limited the financial ombudsman service“ seriously ”.

Orum I want to make more regulators; I still have a lot of regulators;

Treasury refrained from commenting.