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Originally published by Capital Businessbusiness
September 24, 2025
4h ago
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.
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