A survey by Deloitte of the chief finance officers of major companies has revealed that business confidence is at one of its lowest points since the Covid-19 pandemic

Chancellor of the Exchequer Rachel Reeves returns to the UK from China on Monday with the Labour Party keen to brush off market turmoil around its fiscal difficulties and emphasize the government’s long-term ambitions.

Rachel Reeves has been slammed after returning from China with just £600 million of investment. The Chancellor made the trip last week despite turbulence on the UK gilt markets as the Budget fallout continues. The Labour politician said she had agreed deals worth £600 million to the UK economy over the next five years.