C
Originally published by Capital Business
📰 Read Full Article
business
September 24, 2025
4h ago

UK is open to overseas talent unlike US, Reeves says

UK is open to overseas talent unlike US, Reeves says

SEPT 24 - The UK will make it easier to attract global talent at a time when the US is making it harder, the chancellor has said, in a direct reference to Kenya breaking news | Kenya news today |..

✨ Key Highlights

The UK aims to attract global talent by making immigration easier, contrasting with recent US policy changes that have increased the cost of skilled-worker permits. This approach was highlighted by Chancellor Rachel Reeves at the opening of Revolut's new headquarters.

  • The UK government plans to double the number of high-skilled foreign worker visas to around 18,000 a year.
  • US President Donald Trump's administration significantly hiked the cost of H-1B skilled-worker permits to $100,000 (£74,000), causing disruption in Silicon Valley.
  • Fintech giant Revolut, founded by Russian-born entrepreneur Nik Storonsky, plans to invest £3 billion in the UK and create 1,000 new jobs, despite not yet having a full UK banking licence.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article