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...
Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of.. Sky News
Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and faster in delivering growth to make people in Britain better off". 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 says news of a ceasefire agreement between Israel and Hamas is "welcome news". The chancellor adds that she now wants to see "all hostages released, a surge in aid into Gaza and work undertaken to achieve a two-state solution". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to.. Sky News
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..
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 welcomes 'modest' economic growth [Video]](https://video.newsserve.net/300/v/20250116/1398926058-Rachel-Reeves-welcomes-modest-economic-growth.jpg)
![Reeves: Israel-Hamas ceasefire deal is welcome news [Video]](https://video.newsserve.net/300/v/20250116/1398925956-Reeves-Israel-Hamas-ceasefire-deal-is-welcome-news.jpg)
![Govt hails unexpected dip in inflation rate [Video]](https://video.newsserve.net/300/v/20250115/1398836702-Govt-hails-unexpected-dip-in-inflation-rate.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)
