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.
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.
Rachel Reeves is on her way back to the UK after a brief visit to China over the weekend. The Chancellor faced calls to cancel the trip, not over alleged human rights abuses by her
For Rachel Reeves to compare herself to Margaret Thatcher is a gross misrepresentation which will not only accelerate peoples’ concerns but increasingly demonstrate how deluded and inappropriate this person is to manage our nation’s finances.
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It comes after Sir Keir Starmer and Rachel Reeves’ own cosying up to Beijing, which experts have seen as an attempt to “hedge” against Trump’s unpredictable presidency, an approach which the EU had previously looked on dimly but is now aping.
The Chancellor claimed Britain has its 'best days ahead' in a new interview - with multiple drops in interest rates forecasted, and a plan in hand to fix Britain's 'perverse' benefits system.
Companies are cutting jobs at the fastest pace since the global financial crisis, barring the pandemic, after Rachel Reeves announced £40bn of tax rises in the Budget, according to a closely watched survey.
The Energy Secretary, who has vocally opposed the west London airport's expansion in the past, said the Government can meet both its growth and net zero mission together
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
Recent moves in UK debt markets, where gilt yields have risen even though interest rates are being cut and the pound is falling, suggest that cracks may be appearing in Britain's reserve currency status,