Davos 2017: Philip Hammond praises 'scale and depth' of the City after Theresa May says Britain is 'open for business'

Hello, and welcome to the third day of the Telegraph's live coverage of the World Economic Forum in Davos.

Today's the big day, with Theresa May speaking to world leaders and economic experts at around 9.15am.

She will tell them that Britain is "open for business" and is expected to urge global elites to help tackle the backlash against free trade and globalisation.

She will repeat her calls for the global economy to reform and create wealth for all, not just the privileged few.

Mrs May has vowed to create a "Brexit that works for ordinary people" as she prepares to publish the Government's industrial strategy next week.

Writing this morning she urged people to "stop fighting the battles of the past" and accept the UK is going to leave the European Union, insisting Brexit could make the UK stronger and fairer.