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The Latest Breaking News from Rachel Reeves

Reeves’ drive for growth seeks China lifeline after UK market turmoil

Chancellor’s mission to Beijing weighted with greater expectations

The Guardian - UK

If a Labour chancellor has to start cutting, keep calm. It’s not a betrayal

After Macron’s bruising failure to expand spending in France, unions need to realise that Rachel Reeves may have no choice but to dial back

The Guardian - UK

Reeves tries to regain her footing as UK economic recovery plan teeters

Risks at every turn for beleaguered chancellor seeking budget sweet spot

The Guardian - UK

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Voices: Rachel Reeves is heading for the brick wall of an emergency Budget

COMMENT: The chancellor has only herself to blame for failing to give herself any escape routes from humiliation, writes John Rentoul

The Independent UK

Reeves vows ‘action’ to meet fiscal rules amid rise in borrowing costs

Problems on the gilt markets have overshadowed the Chancellor’s trip to China.

The Independent UK

Reeves vows to stand by fiscal rules to achieve stability despite market turmoil

UK chancellor made comments during visit to China where agreements were made worth £600m to UK economy

The Guardian - UK

Reeves accused of abandoning principles over China in ‘delusional’ bid to save UK economy

Exclusive: Former cabinet minister Iain Duncan Smith said that the chancellor’s trip to Beijing was a desperate move ‘because she has trashed the economy’

The Independent UK

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Watch: Rachel Reeves and Chinese counterpart He Lifeng hold joint news conference after trade meeting

Watch again as Rachel Reeves and her Chinese counterpart He Lifeng held a joint news conference on Saturday (11 January), following earlier trade meetings.

The Independent UK

Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China

The Chancellor called for more UK-China investment, but said this must not come at the price of national security.

The Independent UK

Watch: Rachel Reeves attends economic talks in China as chancellor pledges to make UK ‘better off’

Watch again as Rachel Reeves attended economic talks in China on Saturday (11 January) as the chancellor pledged to make the UK “better off”.

The Independent UK

Labour urged to change course to avoid 'crisis point' as economy tanks

LABOUR have been warned they must change course urgently or risk bringing the country to a “crisis point” amid a series of dire economic…

The National (Scotland)

What the papers say – January 11

Here are the major stories making headlines this Saturday.

Evening Standard

UK Finance Minister Begins China Visit Amid Govt Bond Crisis

British finance minister Rachel Reeves began a visit to China on Saturday, seeking to revive dialogue with the world's number two economy as UK borrowing costs soar.

International Business Times

Rachel Reeves backs ‘non-negotiable’ October Budget during visit to Beijing

The Chancellor of the Exchequer vowed to stand firmly behind her fiscal plan when asked if she will need to rethink her economic strategy.

Evening Standard

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The Independent UK

Britain's Treasury chief is heading to China to revive suspended economic and financial talks

Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.‘s Labour government seeks to reset frayed ties with Beijing

The Guardian - UK

Rachel Reeves says better ties with China will boost UK growth as she arrives in Beijing

UK chancellor becomes first holder of her office to make an official visit to China in a decade

The Independent UK

Reeves defiant over China trip in face of growing criticism and economic turmoil

Labour chancellor accused of ‘undesirable’ policies and ‘incompatible promises’

Evening Standard

UK must ‘engage confidently with China’ on trade, says Reeves

‘Choosing not to engage with China is therefore no choice at all,’ said Rachel Reeves.

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The Guardian - UK

Fears over UK borrowing costs as US jobs figures prompt bond market volatility

Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates

The Guardian - UK

Rachel Reeves faces another anxious week of second-guessing the City

Markets appear to be fretting over sustainability of tax and spending plans and whether UK is heading for ‘stagflation’

The Guardian - UK

There are no adults in the room: there’s barely a room. This is politics at warp speed, and we know who’s benefiting

Fiscal crisis, corruption claims, shenanigans and legal threats. This feels like the week old-style politics sat on a grenade, says Guardian columnist Marina Hyde

The Conversation

UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening

UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government…

The Independent UK

Cabinet minister defends Rachel Reeves trip to China during economic crisis

The value of the pound fell to its lowest level in over a year while UK borrowing costs jumped to their highest since the financial crisis

Evening Standard

Pound slumps to new 14-month low as Rachel Reeves criticised for China trip as tax rise fears grow

Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ‘very severe reductions and squeezes’ on public services

The Guardian - UK

UK debt market sell-off threatens to push up mortgage costs

Almost 700,000 homeowners face increase when fixed-rate deals end this year

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