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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Martin Lewis said the government's decision to U-turn the winter fuel payment is a "huge relief" for pensioners. Rachel Reeves confirmed on Monday that pensioners earning less than £35k will be eligible to claim winter fuel payments this coming winter.
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Shadow housing secretary Kevin Hollinrake has expressed concern about the UK housing crisis worsening due to potential spending cuts. It comes as Rachel Reeves prepares to announce the government's spending plans until the next election.
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Winter fuel payments will extend to everyone over the state pension age with an income of or below £35,000 a year, Chancellor Rachel Reeves has announced. Sky News
Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review. Sky News
Chancellor Rachel Reeves is set to announce how much cash each government department gets over the next few years at the spending review on 11 June. Sky News
The Siang River originates near Mount Kailash in Tibet, where it is known as the Yarlung Zangbo. China has proposed to construct the world's biggest dam in Medog.. DNA
Tensions are boiling over as top U.S. officials land in London for a high-stakes trade showdown with global consequences. U.S President Donald Trump announces urgent talks with U.K. leaders amid escalating clashes with China over semiconductors, student visas, and stalled rare earth exports. With $582 billion in U.S.-U.K. trade at risk, Beijing accuses Washington of betrayal and economic sabotage. As the world watches closely, will Trump's aggressive tactics strengthen Western alliances—or backfire?
#USChinaTensions #TrumpUKTalks #GlobalTradeWar #ChinaSanctions #TradeShowdown #SemiconductorCrisis #XiJinping #WhiteHouse #LondonSummit #RareEarthBattle #Geopolitics2025 #USUKAlliance
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The EU has raised alarms over severe disruptions caused by China’s rare earth export restrictions, which have slashed supplies to key industries, including auto manufacturing. Exports to Germany halved in April, prompting emergency talks between EU officials and China’s commerce ministry. Beijing’s opaque and security-heavy licensing system is delaying shipments and pushing prices 4–7 times higher. The U.S. has accused China of violating trade agreements, as manufacturers in both the EU and U.S. now face critical material shortages.
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Tensions escalated in the South China Sea after China warned the European Union to stop “provoking trouble” and stay out of its territorial disputes with the Philippines. The sharp rebuke followed EU foreign policy chief Kaja Kallas' visit to Manila, where she voiced concern over China's assertive actions. Beijing insisted the EU has no legal or diplomatic role in the matter, cautioning Manila not to rely on outside powers for resolution. The statement underscores China's hardened stance as geopolitical fault lines deepen in the contested maritime zone.
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The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions rising after Trump’s global tariffs and accusations of China violating agreements, both nations remain locked in a standoff. While officials had agreed on a temporary tariff reduction, mistrust runs high as Trump threatens to double tariffs on steel and aluminum, further straining global trade relations and leaving the world watching closely for any direct leader-level contact.
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King Charles received a huge applause as he arrived at Lancaster Castle on Monday. His Majesty met with local business representatives and attended a reception with a wide range of community organisations during the visit.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nigel Farage has praised the government's decision to reverse the winter fuel payment cut. Pensioners with an annual income of £35,000 or less will have their winter fuel payments restored this winter, it has been announced, as the government laid out details of their u-turn following weeks of speculation. Speaking in a speech delivered on Monday, the Reform UK leader said it was a "considerable step in the right direction". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Pensioners with an annual income of £35,000 or less will have their winter fuel payments restored this winter, it has been announced, as the government laid out details of their u-turn following weeks of speculation.
The government says the move will see nine million people receive the payments, compared to the 1.5 million people who got winter fuel payments last winter after the cut.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
ITV News Science Correspondent Martin Stew was the only journalist on board the RRS Sir David Attenborough, deep within the Antarctic Circle. He joined Climate scientist Professor Mike Meredith who is studying how underwater tidal waves — triggered by collapses on that scale — alter the ocean and accelerate warming.
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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