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...
Rachel Reeves confirmed the UK is currently in “intense negotiations” with the US over tariffs “across the board”. The Chancellor said she “does not want to see tariffs go up”, highlighting her support for “free and open trade”. 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 visited Wellington Barracks in central London after announcing in her Spring Statement that defence spending will increase by 2.5% in GDP. The chancellor and the defence secretary John Healey were shown the first AI-powered strike drone, as they learnt about the work of people on the strategic command's innovation unit. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor says house building commitments in her Spring Statement will benefit young people and that she is "not in favour of national service". Speaking to ITV News, Rachel Reeves adds watching a Sabrina Carpenter concert in a box was "the right thing to do" given her security needs. 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 has outlined her plans to "strengthen our nation's defences", by increasing defence spending to 2.5% of GDP and to build 1.5 million new homes. The chancellor acknowledges that the OBR has downgraded the UK's growth forecast for 2025 from 2% to 1%, but adds, "it has upgraded growth for next year and every year after that". 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 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.
![Reeves: We’re in intense negotiations over tariffs [Video]](https://video.newsserve.net/300/v/20250327/1406354064-Reeves-We-re-in-intense-negotiations-over-tariffs.jpg)
![Reeves shown first AI-powered strike drone [Video]](https://video.newsserve.net/300/v/20250326/1406302996-Reeves-shown-first-AI-powered-strike-drone.jpg)
![Reeves: I'm not in favour of national service [Video]](https://video.newsserve.net/300/v/20250326/1406303178-Reeves-not-in-favour-of-national.jpg)
![Reeves: Nation's defences are stronger with spending boost [Video]](https://video.newsserve.net/300/v/20250326/1406297484-Reeves-Nation-defences-are-stronger-with-spending.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)
