The bosses of four of the largest British banks secretly urged the Chancellor to abandon the most important regulatory change imposed after the 2008 financial crisis, which warned its continuous imposition inhibiting the economic growth of the United Kingdom. Sky News has obtained an explosive letter sent this week by the Directors General of HSBC … Read more
Great Britain will not reduce its standards or have not reduced the regulations in exchange for a trade agreement with the United States, the Chancellor confirmed. Rachel Reeves Spoke before a central meeting with its American counterpart in Washington DC. In an interview with Sky News, Ms. Reeves said she was “confident” that an agreement … Read more
Rachel Reeves will undertake to “defend the national interest of Great Britain” while she goes to Washington DC in the midst of the hopes of a British / American trade agreement. The Chancellor will go to the American capital for her spring meetings of the International Monetary Fund (IMF), the first of which began on … Read more
In the substance and calendar, Astrazeneca’s decision to cancel a planned expansion of its Speke flu vaccine installations is a blow for the recent government’s zeal for growth. Instead of injecting 450 million pounds sterling into the factory on the Merseyside, a dispute with the new administration on the government’s support amount saw the project … Read more
The Chancellor said that the government was “absolutely happy” to consider joining a pan -European customs area after the EU declared himself open to British membership. Earlier this week, the European Commerce Commissioner, Maros Sefcovic, said that Brussels “could consider” authorizing the United Kingdom to join the Pan-Mediterranean Convention (PEM) as part of a “reset” … Read more
Chancellor Rachel Reeves has indicated she will ignore environmental objections to a third landing strip at Heathrow to prioritize economic growth, a stance likely to put her at odds with colleagues including the Home Secretary. energy, Ed Miliband. Speaking as she began a 48-hour speech to international investors at the World Economic Forum in Davos, … Read more
Chancellor Rachel Reeves has been accused of refusing to “face up to her own failures” by “flying to Beijing” during a week of market turmoil. Shadow chancellor Mel Stride accused the chancellor of dodging tough questions as “the government lost control of the economy” while Ms Reeves visited China last week with a delegation including … Read more
The Health Secretary said the cabinet was aware of the “pressure” on Chancellor Rachel Reeves amid volatile markets and a wider, difficult economic situation – but called on the public to “give up their time “. Wes Streeting argued the public “underestimates” the “amount of heavy lifting” Ms Reeves has had to do and will … Read more
With government bond yields rising, sterling falling and, all things considered, markets looking rather choppy in the UK, it is highly likely that Rachel Reeves’ trip to China will be overshadowed by rumors. There’s a chance the dominant narrative doesn’t speak China himself, but why didn’t she cancel the trip. But make no mistake: this … Read more
Rachel Reeves’ trip to China – the first by a British chancellor since 2019 – was always going to spark controversy. In recent years Conservative governments have kept Beijing remotely – amid concerns about espionage, the situation in Hong Kongand the treatment of Uighurs. David CameronThe so-called “golden age” of commitment to continued economic investment, … Read more