Rachel Reeves has said the UK has "no choice" but to engage "confidently" with China, as she arrived in Beijing to begin what she described as "financial dialogue" between the nations.

THERE is a “high chance” Rachel Reeves will have to raise taxes or make emergency spending cuts, experts said as she touched down in China yesterday. Economists at Barclays said surging borrowing

The UK sticks out diplomatically and economically by refusing to impose extra tariffs on Chinese car companies. In return, Britain is hoping to boost exports of financial services in the coming years.

Pound plummets to new 14-month low as Rachel Reeves criticised for China trip as tax rise fears grow - Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hi

EMBATTLED Rachel Reeves arrived in China today amid fury over a major debt crisis and a plummeting economy at home. The under-siege Chancellor took off for Beijing last night as yields on UK bonds

Britain's Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.'s Labour government seeks to reset frayed ties with Beijing.

Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ‘very severe reductions and squeezes’ on public services

British finance minister Rachel Reeves will begin a visit to China on Saturday, seeking to revive dialogue with the world's number two economy in the shadow of financial tumult back home.

Rachel Reeves is under pressure after flying out for a trip to China during a week in which rising government borrowing costs has spooked the financial markets.

Rachel Reeves' surge in borrowing costs will lead to increased interest rates on mortgages and business loans, economists have warned.

Whitehall departments are braced for deeper cuts in spending, while ministers have been instructed to dig up more policies that could help fire growth into the flagging economy.