Chancellor Rachel Reeves was criticised for being “lacking in motion” as she flew to Beijing for conferences with Chinese language authorities officers and companies on Thursday (9 January), leaving Treasury secretary Darren Jones to face questions in parliament over surging borrowing prices and calls for for spending cuts.
Analysts cut up over Reeves’ culpability in UK gilt chaos as US bonds observe swimsuit
Jones defended his boss to the Commons and instructed the Home she wouldn’t break her promise to borrow cash just for funding, or to cowl day-to-day spending.
Lengthy-term yields on UK authorities d…