Culture secretary Lisa Nandy defends chancellor amid economic turbulence
On the economic news front, Graeme Wearden is on our business live blog today, and has this:
All eyes are on the UK government bond market today, where the current bond market selloff has been particularly acute.
We are confident that we’re taking both the short term action to stabilise the economy, but also the long term action that is necessary to get the economy growing again.
That’s why, from my point of view, and I think many others, it is absolutely right and proper that the chancellor is taking seriously our relationship with the world’s second largest economy, and is in China this weekend.
