The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.

Reynolds - who took over from Tulip Siddiq - has faced questions about potential conflicts of interest.

Emma Reynolds - who replaces Tulip Siddiq - lobbied against restrictions on Chinese businesses in a previous job.

The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.

It follows controversy over the Treasury minister's links to her aunt's political movement in Bangladesh.

Tulip Siddiq is alleged to have helped her aunt, the former prime minister of Bangladesh, embezzle up to £4bn.

The chancellor says "efficiency savings" will ensure enough funding for key public services.

Government claims have been hotly contested by farmers, and the BBC has been scrutinised for its analysis.