UK's Reeves Attempts to Stabilize Markets During China Visit

Reported about 5 hours ago

UK Chancellor Rachel Reeves aimed to ease market concerns about the country's fiscal health during her visit to China, securing deals worth £600 million for the British economy over five years. Reeves emphasized the government's commitment to fiscal rules and economic growth through enhanced trade, despite recent market turmoil and calls for spending cuts or tax hikes. The trip, attended by key financial leaders, focused on expanding financial services links and reducing export barriers, while also addressing national security and human rights issues with Chinese officials.

Source: YAHOO

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