Chancellor defends decision to travel to Beijing where she is seeking to revive relations that have been frozen since 2019
Rachel Reeves faces claims of ‘fleeing to China’ amid concerns over UK borrowing - The Chancellor has a long-planned trip to China scheduled for this week and Treasury minister Darren Jones described it as ‘important’ to UK trade.
Watch as Rachel Reeves answered questions in the House of Commons on Tuesday, 13 January, after returning from a trip to China criticised by political opponents for coinciding with a week of volatility for the pound and soaring yields on UK bonds.
Rachel Reeves has been slammed after returning from China with just £600 million of investment. The Chancellor made the trip last week despite turbulence on the UK gilt markets as the Budget fallout continues. The Labour politician said she had agreed deals worth £600 million to the UK economy over the next five years.
The chancellor has said the budget is "non-negotiable" on a visit to China in the face of volatile markets back in the UK. Rachel Reeves flew out on Friday after ignoring calls from opposition parties to cancel the long-planned trip because of economic ...
Rachel Reeves, the UK Chancellor, embarks on a significant trade mission to China, aiming to bolster economic ties and explore investment opportunities. Her visit comes at a time when the UK economy faces challenges,
Rachel Reeves was flying back from China into an economic storm as the Pound lost further ground against the Dollar and the cost of long-term Government borrowing hit a new high early on Monday.
Closer links with China are “crucial” for economic growth, Rachel Reeves has said. The Chancellor is in Beijing for talks on a closer trading relationship which she claims will boost Britain’s GDP by £1 billion as the Government attempts to mend relations with the world’s second-largest economy.
The Chancellor was accused of having “fled to China” rather than explain how she will help the UK’s “flatlining” economy after borrowing costs hit a 27-year high and the Pound fell to a year low against the Dollar, sparking warnings of higher mortgages.
Rachel Reeves has argued that the UK won’t be a target for Trump’s trade tariffs because we have a “trade deficit” with the US.
Chancellor Rachel Reeves faces demands to cancel a trip to China as the UK economy descends into chaos. She is jetting off to Beijing despite fears that a crisis on the financial markets could force her to impose fresh tax hikes or impose swingeing spending cuts.
The chancellor has said the budget is "non-negotiable" on a visit to China in the face of volatile markets back in the UK. Rachel Reeves flew out on Friday after ignoring calls from opposition ...