UK Economy Crisis LIVE: Amid Economic Turmoil, Finance Minister Reeves Defends China TripBritish Finance Minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday she will act to ensure the government's fiscal rules are met. Under pressure from a sharp rise in British interest rates, Reeves defended her budget at the start of the two-day visit to China, where she planned to revive high-level economic and financial talks that have been frozen for nearly six years.
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