UK minister defends Rachel Reeves' trip to China amid economic challenges

independent.co.uk

UK Culture Secretary Lisa Nandy defended Chancellor Rachel Reeves' trip to China amid economic concerns, stating it was important for international relations. Nandy acknowledged economic challenges but maintained confidence in the government's growth strategy. The pound has fallen to its lowest level in over a year, and UK borrowing costs have reached their highest since the financial crisis. Critics, including the Conservative Party, have urged Reeves to focus on domestic economic issues instead of traveling. Nandy emphasized that the government is committed to fiscal rules and will not borrow for day-to-day spending. She mentioned ongoing efforts to boost growth, particularly in the creative industries, and plans for Reeves to address economic strategies soon.


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