The chancellor says she won't be "ducking" the economic challenges facing the UK, after defending a recent trip to China.

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Pound tumbles and gilt yields rise as Reeves faces fresh market turmoil

In another setback for Rachel Reeves (pictured), sterling slumped by as much as a cent to a 14-month low of $1.21 against the US dollar.

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LONDON MARKET CLOSE: Stocks ease and pound drops amid rate uncertainty

Goldman Sachs expects the headline rate of UK inflation to remain unchanged at 2.6% in December. The core rate is seen easing to 3.4% from 3.5% while closely watched services inflation is projected to ...

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Britain came 'unsettlingly close' to rolling power cuts this week, reveals ex-minister - and should brace for blackouts

Britain should brace for blackouts as the country becomes increasingly reliant on renewable energy, a former Cabinet minister has warned. Lord Frost raised fears about the net-zero crusade.

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LONDON MARKET CLOSE: FTSE 100 down, sterling has yet to recover

The FTSE 100 index closed down 71.20 points, 0.9%, at 8,248.49. The FTSE 250 ended down 271.20 points, 1.4%, at 19,733.94, and the AIM All-Share closed down 6.48 points, 0.9%, at 713.48.

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