Osborne hails UK as a 'great' trading nation

The Chancellor George Osborne has hailed the UK and China as "great" trading nations in a speech to build relations between the two countries at Peking University.

Read: Osborne's mission to make up lost ground with China


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.