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.

Rachel Reeves’s visit to China is well-timed, at least from her perspective. With bond yields soaring, fiscal headroom evaporating, and the country running perilously low on gas reserves in the middle of a cold snap,