Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China

Rachel Reeves has travelled to Beijing in a bid to boost economic ties with China (Aaron Favila, Pool/AP) - (AP)

Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets.

Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial markets in the UK, but said the rules she set for herself in October were essential for economic stability.