The chancellor's gamble with China: What price is Rachel Reeves willing to pay for closer trading ties?
Friday, 10 January 2025 Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves' trip to China gets overshadowed by noises off.
Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial...
Prime Minister Sir Keir Starmer, Chancellor Rachel Reeves and Business Secretary Jonathan Reynolds visit a business in Nuneaton to promote the government’s new industrial strategy Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves doesn’t say whether the UK believes strikes by the US on Iran were legal. The Chancellor tells broadcasters during a visit in the West Midlands: "It is up to the US to make that case. We were not involved in these actions and, of course, we would never comment on the legal advice that the government receives." Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the Bank's decision. Speaking at the Times CEO Summit in central London, the Chancellor says, "we respect independent economic institutions, and the Bank has got an incredibly important but difficult job to do”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves says it is "disappointing" to have a month of "bad data", as the latest figures show the UK economy shrunk by 0.3% in April, a figure higher than expected. But the chancellor says U.S. trade tariffs have had an impact. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has defended her decision to visit China over the weekend and accuses the Conservatives of "not wanting to engage with the second largest economy in the world". The chancellor adds that..
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Friday, 10 January 2025
Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves' trip to China gets overshadowed by noises off.
![PM joins Reeves and Reynolds to promote industrial strategy [Video]](https://video.newsserve.net/300/v/20250623/1414571718-PM-joins-Reeves-and-Reynolds-to-promote-industrial.jpg)
![Chancellor: It’s up to the US to make the case for bombing [Video]](https://video.newsserve.net/300/v/20250623/1414569076-Chancellor-It-up-to-the-US-to.jpg)
![Chancellor reacts to latest interest rates decision [Video]](https://video.newsserve.net/300/v/20250619/1414298806-Chancellor-reacts-to-latest-interest-rates-decision.jpg)
![Reeves 'disappointed' that economy shrunk 0.3% in April [Video]](https://video.newsserve.net/300/v/20250612/1413694434-Reeves-disappointed-that-economy-shrunk-in.jpg)
![Rachel Reeves Hid in China While The Economy Dived! [Video]](https://video.newsserve.net/300/v/20250121/1737452918-Rachel-Reeves-Hid-in-China-While-The-Economy.jpg)
![Chancellor defends visit to China in Commons [Video]](https://video.newsserve.net/300/v/20250114/1398788646-Chancellor-defends-visit-to-China-in-Commons.jpg)
