Rachel Reeves' comment came as she took a swipe at the ousted head of the competition watchdog saying he would 'make way for someone who does share the mission'.
Marcus Bokkerink, who became chairman of the Competition and Markets Authority (CMA) in 2022, will step down despite not completing his five-year term.
Ms Reeves headed for the Swiss mountain resort for the annual gathering of the World Economic Forum as it was claimed that the UK was also heading for a 'debt death spiral'.
The Chancellor hopes to intervene at the Supreme Court after three ordinary Brits sued moneylenders, alleging that they had been mis-sold on their loans because of 'secret' commission payments.
The Chancellor arrives at the annual meeting of business and political leaders buoyed by new figures showing Britain has overtaken struggling Germany and China as a top investment destination.
In the latest blow for the beleaguered Chancellor, the Commons' spending watchdog said the Office for Value for Money (OVfM) she created last year appeared to be a 'red herring'.