In her unofficial role of head of sales for UK plc, chancellor Rachel Reeves is in the Gulf states drumming up some business and investment.

Her visit centres on Saudi Arabia, the regional superpower; Britain has much to gain from a closer relationship with the Saudis and other states in the region. But there are complications…

What is Reeves up to?

She’s going to speak at the Fortune Global Forum in Riyadh, followed by the Future Investment Initiative – the so-called “Davos in the Desert”. She’ll be making the case for investing in the UK, backed by a high-powered delegation including Barclays chief exe

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