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 markets in the UK, but said the rules she set for herself in October were essential for economic stability.
Report by Covellm.
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Rachel Reeves unveils proposals to reform the UK’s financial sector and boost the economy and retail investment. The chancellor was speaking at the annual Financial & Professional Services Dinner at Mansion House in the City of London on Tuesday. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Business Secretary Andrew Griffith calls on chancellor Rachel Reeves to rule out tax rises on wealth creators ahead of her Mansion House speech this evening – warning that ‘another summer of uncertainty’ is ‘putting job hiring and investment on hold’. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Rachel Reeves says it is "clear" she was "upset" at PMQs on Wednesday, adding the reason she was tearful was down to a "personal issue". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer said he has "every faith" in his chancellor, a day after Rachel Reeves appeared tearful at PMQs, sparking rumours about her future. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
China has expressed its support for Russia's proposal to revive the Russia-India-China (RIC) troika, a consultative forum for discussing global and regional.. IndiaTimes
South China Sea Dispute: The U.S. Navy is aggressively expanding its presence in the Philippines by building new repair facilities for smaller vessels near the highly contested Second Thomas Shoal in the South China Sea. This strategic move intensifies regional tensions as it directly challenges China’s vast territorial claims despite international rulings against Beijing. The facilities, located in Palawan and Oyster Bay, are expected to support Philippine forces and bolster joint U.S.-Philippine military operations, signaling a strong pushback against China’s aggression. With clashes already frequent in the area, this escalation could reshape the balance of power in Southeast Asia.
#SouthChinaSea #USNavy #PhilippinesDefense #ChinaTensions #MilitaryExpansion #SecondThomasShoal #USPhilippineAlliance #RegionalSecurity #Geopolitics #DefenseStrategy #ChinaDispute #MilitaryBases
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Taiwan is conducting its largest-ever 10-day Han Kuang military drills amid escalating threats from China. Featuring high-tech weaponry and rapid-response simulations, the exercises aim to defend the capital against a potential PLA invasion. President Lai Ching-te inspected the drills, which included a night blockade of the Wanban Bridge and "defence-in-depth" strategies. Taiwan's show of force comes as 26 PLA aircraft and multiple Chinese vessels were spotted near its territory, escalating tensions with Beijing, which continues to pressure Taiwan under its “One China” policy.
#TaiwanDrills #HanKuang2025 #TaiwanDefense #ChinaThreat #XiJinping #PLA #OneChinaPolicy #LaiChingTe #MilitaryDrills #WanbanBridge #IndoPacificTensions #TaiwanVsChina #SelfRuledTaiwan #TaiwanSecurity #TaiwanNews #TaiwanArmy #DefenceInDepth #PLAIncursions #Geopolitics #EastAsia #USChinaTensions #RegionalSecurity #AsiaWatch #ChinaTaiwanCrisis #BreakingNews #TaiwanStandsStrong #IslandDefense #TaiwanPrepares #MilitaryShowdown #DemocracyVsDictatorship
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Russian Foreign Minister Sergey Lavrov, attending the SCO summit in China, strongly criticized the United States and NATO for their growing involvement in the Indo-Pacific region. Lavrov argued that NATO allies seek to expand their influence into the Far East, undermining regional stability. In contrast, Russia, China, and like-minded nations advocate for an “open and free security architecture” for East Asia. His remarks highlight deepening Moscow-Beijing cooperation against Western strategic ambitions in the Asia-Pacific.
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In a significant diplomatic development, India's External Affairs Minister S. Jaishankar met with Chinese President Xi Jinping in Beijing on July 15th, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit. This high-stakes meeting marked Jaishankar's first visit to China since the deadly 2020 Galwan Valley border clash, signalling a cautious step toward the normalization of ties between the two Asian giants. During his visit, Jaishankar also held talks with Chinese Vice President Han Zheng and Foreign Minister Wang Yi, advocating for a "far-seeing" and strategic approach to the bilateral relationship.
The core of the discussions revolved around the protracted border standoff in Eastern Ladakh. Jaishankar firmly reiterated India's position, stressing that complete troop disengagement in the remaining friction points of Depsang and Demchok is a prerequisite for restoring normalcy and rebuilding trust. He emphasized that peace and tranquility along the Line of Actual Control (LAC) are fundamental to the overall development of India-China relations.
A key highlight of the meeting was Jaishankar's subtle but sharp criticism of China's recent export curbs on rare earth minerals, a move that directly threatens India's critical manufacturing and high-tech sectors. With China controlling over 90% of the global rare earth output, Beijing wields significant economic leverage, a point not lost on the Indian delegation.
Despite the diplomatic optics of cooperation within the SCO framework, deep-seated strategic mistrust remains a major obstacle. The talks were overshadowed by recent revelations from Lt Gen Rahul Singh that China had provided live intelligence, weapons, and drones to Pakistan during a previous conflict. This underscores the challenge India faces, dealing with China's "sweet diplomacy" on one hand and its "cunning moves" on the other, proving that a real thaw in relations will require more than just high-level meetings.
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Wrestling legend Buff Bagwell had a significant portion of his right leg amputated on Thursday. The former WCW star's good friend, Steve Stasiak, announced the.. TMZ.com
A rare baby okapi has been born at Chester Zoo. The “precious” calf was born to mum Ada and dad Stomp, following a 14-month pregnancy. Zoo keeper Jade Miner said the animal is "really rare" and the zoo is "very lucky" to welcome the calf. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A child has died and several people are injured after a coach crash at Cutcombe Hill in Somerset on Thursday afternoon. The coach was returning to Minehead Middle School from Exmoor Zoo when it slid down a six-metre bank off the A396. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Ed Davey has called for the temporary nationalisation of Thames Water as he reacted to the latest figures in the ongoing sewage crisis. Mr Davey also criticised the government's handling of the situation, saying Labour needs to "get its act together". It comes as a watchdog has revealed the number of serious water pollution incidents increased by 60 per cent last year.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tributes are being paid in Minehead to a child who was killed in a coach crash which left several others seriously injured.
Flowers have been left at the entrance to Minehead Middle School following the crash, which happened while the coach was carrying children back from a day trip to Exmoor Zoo.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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