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.
Shadow Business Minister Dame Harriett Baldwin has criticised Chancellor Rachel Reeves for stalling UK growth. Baldwin claims Reeves' recent budget increased spending and taxes significantly, leading to reduced private sector investment and hiring. She argues this has caused economic growth to stall, with markets now questioning the budget's credibility. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves' economic plans in peril. Sky News
How worried should Rachel Reeves be about the fact that the interest rates on government bonds have leapt to the highest level in more than a quarter of a.. Sky News
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.
![Chancellor Reeves criticised over economic stagnation [Video]](https://video.newsserve.net/300/v/20250110/1398357700-Chancellor-Reeves-criticised-over-economic-stagnation.jpg)
