Chancellor Rachel Reeves defends China trip amid UK borrowing concerns

independent.co.uk

Chancellor Rachel Reeves is facing criticism for her upcoming trip to China amid rising UK borrowing costs, which have reached a 27-year high. Critics, including Conservative MPs, argue she should focus on the UK economy instead. Opposition members claim Reeves' absence during this economic crisis shows a lack of accountability. They question whether her fiscal policies will lead to higher taxes or cuts in public services. Treasury minister Darren Jones defended the trip, stating it is important for UK trade. He emphasized that financial market changes are influenced by various international and domestic factors, not solely government decisions.


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