Reeves defends China trip as UK faces economic challenges and potential benefit cuts
Chancellor Rachel Reeves defended her recent trip to China amid rising concerns about the UK’s economic situation. She emphasized the importance of strengthening ties with China, marking the first economic dialogue in nearly six years. Reeves faces pressure to cut billions from disability benefits and delay defense spending increases to meet borrowing limits. Reports suggest that the cost of living crisis could worsen, with prices for essential goods expected to rise significantly. During her trip, Reeves announced agreements worth £600 million for the UK economy over five years. However, her proposed cuts to benefits and defense spending may lead to tensions within her party and challenges in meeting fiscal targets.