Rachel Reeves has vowed to stand firmly behind her October Budget, insisting during a trip to China the fiscal rules laid out in the papers are “non-negotiable”. Speaking during a visit to Beijing’s flagship store of UK bicycle maker Brompton ...
Chancellor defends decision to travel to Beijing where she is seeking to revive relations that have been frozen since 2019
David Lammy and Yvette Cooper have thrown their weight behind Beijing’s bid to build a new “super-embassy” in London. The Cabinet ministers have backed the project just days after Rachel Reeves’s trip to China,
UK Chancellor of the Exchequer Rachel Reeves left behind turmoil in financial markets to travel to Beijing in pursuit of growth drivers for the British economy, sparking a media backlash at home and dismaying critics of China’s Communist Party. The results were underwhelming.
With the trip publicly known, cancelling it would have been seen as a sign of panic with comparisons inevitably drawn with Denis Healey in 1976 with the then Chancellor turning back at Heathrow – aborting a planned trip to Hong Kong as the pound plunged – became the defining symbol of the economic crisis.
Rachel Reeves has said the UK has "no choice" but to engage "confidently" with China, as she arrived in Beijing to begin what she described as "financial dialogue" between the nations.
The Treasury said a stable relationship with China would support economic growth - but critics said the chancellor should have stayed at home to address the market turmoil.
Rachel Reeves’s visit to China is well-timed, at least from her perspective. With bond yields soaring, fiscal headroom evaporating, and the country running perilously low on gas reserves in the middle of a cold snap,
Rachel Reeves was mocked for performing a “Peking duck” as MPs accused her of fleeing to China to avoid Britain’s market meltdown. The under pressure Chancellor was met with fury as she faced scrutiny for the first time since returning from Beijing to woo its Communist leaders.
Rachel Reeves visiting Beijing's flagship store of UK bicycle maker Brompton. The Chancellor of the Exchequer is under pressure to amend market turmoil in the UK. In doing so Reeves has travelled to China in hopes of persuading Chinese investment.
RACHEL Reeves has been blasted for laughing in Parliament while being confronted over soaring borrowing costs and the pound’s nosedive. The Chancellor was forced to break cover after jetting off
RACHEL Reeves has vowed to “make the UK better off” on her visit to China amid fury over a major debt crisis and a plummeting economy at home. The under-siege Chancellor met Chinese