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, the chancellor, has called in the bosses of Britain's biggest high street lenders for a fresh round of talks on the government's economic growth.. Sky News
Guests arriving for the funeral of former Deputy Prime Minister Lord John Prescott. Arrivals include: Sir Lindsay Hoyle, Angela Rayner, John Healey, Rachel Reeves, Sir Keir Starmer, Gordon Brown, Sir Sadiq Khan, David Lammy, Yvette Cooper and Ed Balls, and Tony Blair. Arrivals followed by the coffin being carried into the church.
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The shadow chancellor has argued that Rachel Reeves's plan to expand Heathrow Airport doesn't do enough to tackle economic issues affecting people now, claiming it will only come into effect in the next 10-30 years, if at all. Mel Stride did, however, assert his support for Reeves's planned Heathrow expansion, despite citing Labour divisions about the issue including Mayor of London Sir Sadiq Khan's objections. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has asserted that she is "confident" that her plans for Heathrow expansion will find the right balance between sustainable aviation and economic growth. This comes a day after the chancellor's major speech outlining plans for economic growth and initiatives, including a third runway at Heathrow Airport and investments into the Oxford-Cambridge 'Growth Corridor'. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Footage of Chancellor Rachel Reeves as she meets with business leaders at a business networking reception at Siemens Healthineers in Oxford and tours the Siemens Healthineers medical facility after her speech on economic growth. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China! Officials are calling it a direct attack on "One Country, Two Systems," as goods from Hong Kong are now forced to bear a "Made in China" label. With Hong Kong preparing to challenge the move at the WTO, the trade war is heating up once again! Will this push Hong Kong further into Beijing’s grip?
#HongKong #USChinaTradeWar #TrumpTariffs #MadeInChina #OneCountryTwoSystems #TradeWar #Geopolitics #WTO #HongKongTrade #BreakingNews
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US President Donald Trump and Japanese Prime Minister Shigeru Ishiba have declared that the disputed Senkaku Islands fall under NATO’s collective defense. The move heightens tensions with China, which claims the islands as its own. During their meeting, Trump also threatened tariffs on Japanese goods if the trade deficit isn’t balanced. Ishiba, seeking stronger ties, praised Trump’s leadership and pledged increased US investments and defense purchases. As Washington and Tokyo reaffirm their alliance, the growing geopolitical rift with Beijing adds uncertainty to regional stability.
#Trump #Japan #China #SenkakuIslands #NATO #USJapanRelations #TradeWar #Tariffs #Geopolitics #SouthChinaSea #ShigeruIshiba #Tokyo #Washington #ForeignPolicy #MilitaryAlliance #AsiaPacific #BilateralTies #DefenseStrategy #EconomicThreats #BreakingNews
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China has announced tariffs ranging from 15% to 25% on US imports, including coal, LNG, and crude oil, in response to Donald Trump’s trade measures. The Chinese Ministry of Commerce condemned the US's unilateral tariff hike, calling it a violation of WTO rules. Meanwhile, China’s market regulators have launched an antitrust investigation into Google, adding further tension. As Trump's 10% tariff takes effect, Beijing warns of additional countermeasures, emphasizing that no one wins in a trade war. The standoff escalates global economic uncertainty amid diplomatic strains.
#China #Trump #TradeWar #Tariffs #USChinaRelations #EconomicTensions #Imports #Exports #WTO #GlobalTrade #DonaldTrump #XiJinping #USPolitics #ChinaEconomy #Sanctions #BusinessNews #BreakingNews #USImports #OilPrices #TradeConflict #Peripheral
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese goods. The move has sparked backlash from Beijing, with the Commerce Ministry calling it a violation of WTO rules and a threat to global economic cooperation. In retaliation, China vowed to take countermeasures to protect its interests, though the specifics were not disclosed. The Chinese government has also condemned the U.S. approach, arguing that it fails to address the root causes of illegal drug imports and migration issues, which Trump cited as the rationale for imposing the tariffs.
#TrumpTariffs #ChinaTariffs #ChinaTrumpTariffs #ChinaSueUS #ChinaUSWTO #MexicoTariffs #CanadaTariffs #TrumpTradeWar #USCanadaMexicoTariffs #TariffTensions #TradeWarEscalation #USMexicoTariffs #USCanadaMexicoTrade #TrumpTradePolicy #WTODispute #ChinaVsUS #TrumpVsChina #USTradePolicies
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Deputy Prime Minister Angela Rayner has insisted there "is a future for British steel" and that the government is "committed to supporting the steel industry". It comes as US President Donald Trump announced 25% tariffs on foreign steel and aluminium imports which will increase the costs of importing the metals into the US.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sue Gray, Sir Keir Starmer’s former chief of staff, took her seat in the House of Lords on Tuesday. Ms Gray was sworn in as Baroness Gray of Tottenham just months after departing her government role. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Footballer Sam Kerr has been found not guilty of causing racially aggravated harassment at Kingston Crown Court. The Chelsea and Australia star, who denied the charge, called Pc Stephen Lovell “stupid and white” during an incident in London in January 2023. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Metropolitan Police cannot dismiss officers by removing their vetting clearance, the High Court has ruled.
The decision comes after Sergeant Lino Di Maria successfully mounted a legal challenge, supported by the Metropolitan Police Federation, after having his vetting removed over sexual assault allegations, which he denies. Met Commissioner Sir Mark Rowley said the ruling on the law "has left policing in a hopeless position".
“We now have no mechanism to rid the Met of officers who were not fit to hold vetting – those who cannot be trusted to work with women, or those who cannot be trusted to enter the homes of vulnerable people.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mourners arrived for the funeral of Man United player Denis Law on Tuesday. The Aberdeen-born striker died on 17 January 2025, aged 84, more than three years after he was diagnosed with Alzheimer’s disease and vascular dementia. Callum Best and Alex Ferguson were amongst the big names seen arriving at Manchester Cathedral for the funeral service.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn