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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Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more.. Sky News
The chancellor says the government is ready to support creative industries, after announcing film studios in England are to receive business rates relief for the next nine years. On a visit to the Warner Bros Studio in Leavesden, Rachel Reeves adds "that's something that this government wants to get behind to back growth and back British workers". 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 she is "absolutely committed" to spending 2.5% of GDP on defence and will "set out a pathway" to do so "in the proper way". The chancellor adds, "a strong economy depends on strong defences". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including increased spending and borrowing. Mel Stride's comments come after government ministers pointed blame at the previous Conservative government after new data from the Office for National Statistics estimated that the rate of UK inflation rose from 2.5% in December to 3% in. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Conservatives have said that the "disappointing" rise in inflation is a cause of worry. Kevin Hollinrake, Shadow Levelling Up Secretary, said the 0.5% rise in inflation from December to January was a direct result of Rachel Reeves' budget. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The elusive founder of disruptive Chinese AI company DeepSeek has been spotted attending a Beijing conference, one week after snubbing a global AI summit in.. Sky News
The UK government is facing increasing pressure to call on China to release jailed pro-democracy campaigner Jimmy Lai as it seeks closer trading ties with.. Sky News
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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Hundreds of people march on the Russian Embassy in London, marking the upcoming third anniversary of the country’s invasion of Ukraine. The demonstration, organised by a coalition of groups under the Ukraine Solidarity Campaign, is showing support for Ukrainians both in the UK and back home. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
An organiser of the Ukraine Solidarity Campaign speaks about his “frustration” of the current political “betrayal” around the war in the eastern European country. Referencing Russia’s “122,000 recorded war crimes” in Ukraine, Christopher Ford says “the perpetrator of these crimes could be rewarded with conquest”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Disabled fashion designer Kat Paylor-Bent says she is “honoured” to be showcasing her clothing at London Fashion Week. Paylor-Bent makes history by incorporating braille into her clothes designs at the event for the first time.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The funeral of 15-year-old Harvey Willgoose took place at Sheffield Cathedral after he was fatally stabbed at All Saints Catholic High School in Sheffield.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Nour Norris, the aunt of Raneem Oudeh who was killed by her ex-husband, has welcomed the 'Raneem's law' scheme which will see specialists embedded in 999 control rooms across some police forces as “it will play a huge, big role in supporting first call victims”.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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