Chinese banks to come to UK
Chinese banks will be able to apply to set up branches in Britain, Chancellor George Osborne has announced during a visit to the country.
Boris Johnson calls for new multi-runway hub airport
Prime Minister David Cameron and Chancellor George Osborne are "kidding themselves" if they think Britain can stay internationally competitive without building a new multi-runway hub airport, Boris Johnson has warned.
The Mayor of London called on the Government to follow the example of Hong Kong and overcome their doubts to green light a new airport to the east of London.
Hong Kong's Chep Lap Kok airport is built on land reclaimed from the sea - much like the Mayor's plans for a so-called "Boris island" - and replaced the old airport which was situated in an urban area with no room for expansion.
Mr Johnson said China has "clearly figured out that aviation is absolutely key to economic growth" and claimed the situation bore a resemblance to the Heathrow expansion - a controversial and, according to the Mayor, unworkable option.
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Johnson & Osborne's trip seems to be doing the business
Boris Johnson and George Osborne head south today on their trade missions to China - the first after a chilly period in political relations.
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George Osborne opens door to Chinese banks in the UK
Chancellor George Osborne has announced two new deals with China, one on nuclear power and the other on Chinese banks in the UK.
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Osborne's mission to make up lost ground with China
The Chancellor George Osborne aims to build bridges with China in his high profile trade mission to the country.