US EditionVisa Changes to Help UK Attract Talented Foreign Workers Announced by Chancellor
The UK government aims to boost economic growth by reimbursing visa fees and fast-tracking licenses for deep-tech talent and firms in AI, life sciences, and clean energy.
- On Jan 20 the Treasury announced Britain will reimburse visa fees for select trailblazers joining priority firms, ahead of Chancellor of the Exchequer Rachel Reeves's Davos appearance at Bloomberg House.
- To boost growth, the government is aiming to deliver Chancellor of the Exchequer Rachel Reeves and Prime Minister Keir Starmer's pledge while planning a clampdown amid Reform UK leader Nigel Farage's pressure.
- Targeting technology and science, the plan includes incentives for AI, life sciences and sustainable energy sectors, with researchers and academics in AI, quantum computing and semiconductors benefiting from visa fee refunds.
- Companies expanding in the UK will be offered fast-track sponsor licences, while Rachel Reeves leads a delegation including Business Secretary Peter Kyle and Home Secretary Yvette Cooper to meet business leaders at Davos.
- Amid the diplomatic spat, officials note Chancellor Rachel Reeves's Davos push is overshadowed by US President Donald Trump's Greenland tariff threats and net migration to Britain is around 100,000 lower than forecast.
13 Articles
13 Articles
Times of India
The Economic TimesUK offers visa fee refunds to attract top tech talent
The UK government is set to reimburse visa fees and expedite processing for select technology and science firms to attract investment and boost growth. Chancellor Rachel Reeves will announce these measures at the World Economic Forum, positioning Britain as a stable investment destination amidst global uncertainty.
Financial Post
The Straits TimesUK Seeks to Ease Global Talent Visas as Reeves Heads to Davos
(Bloomberg) — The UK government outlined plans to intensify efforts to attract global talent in sectors such as artificial intelligence, life sciences and clean energy, as Chancellor of the Exchequer Rachel Reeves heads to the World Economic Forum in Davos urging executives to invest in Britain.
perspectivemedia.com
The Epoch TimesUK to reimburse visa fees for top tech and science firms in push for growth
The Chancellor will pitch Britain as a haven of ‘stability’ as she meets business chiefs at the World Economic Forum in Davos on Tuesday. The UK will reimburse visa fees and fast-track applications for top international firms under plans to be announced by Rachel Reeves. The Chancellor will pitch Britain as a haven of “stability” in a volatile world as she seeks to woo business chiefs at the World Economic Forum in Davos on Tuesday. In a speech …
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