Chancellor Rachel Reeves returns from China amid UK economic challenges

thesun.co.uk

Chancellor Rachel Reeves returned from China after announcing a £600 million investment deal, which is insufficient to address the UK's £9 billion public finance shortfall. Critics have labeled her trip as a poor response to the ongoing economic crisis. In response to the financial situation, Reeves has directed the Treasury to cut billions from the benefits budget. This comes as disability and health payments are projected to rise significantly in the coming years. As markets remain unstable, Reeves faces scrutiny over her policies. Prime Minister Keir Starmer is also under pressure to implement cuts while managing opposition within his party.


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