British finance minister Rachel Reeves spelled out her plans to revive the country's slow-moving economy on Wednesday, adding to recent pledges to reform investment and planning rules with a commitment to back airport expansion at Heathrow.
Heathrow 's third runway could be built and in use by 2035, Rachel Reeves has signalled. Asked for a timeline on the plans, which she backed on Wednesday, the Chancellor told BBC Breakfast: "We want to see spades in the ground in this Parliament.
Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job losses and she admits fixing the economy is ‘not an easy job’
U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport.
The Leeds West and Pudsey MP also highlighted the benefits the Heathrow expansion would have on the rest of the UK "because the availability of slots at Heathrow is good for regional airports wanting to connect with the rest of the world".
Chancellor also vows bat tunnels will not be used in UK infrastructure projects as she defends new growth measures
Chancellor Rachel Reeves has backed a third runway at London's Heathrow Airport as part of a fresh plan to get the UK's sluggish economy growing. She said Heathrow expansion, which has been delayed for decades over environmental concerns, would "make Britain the world's best connected place to do business".
The government must take “urgent action” to revive London’s junior stock markets AIM and Aquis, a top City group has warned.
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The Heathrow expansion can be achieved in 10 years, Chancellor Rachel Reeves has said. Speaking on LBC's Nick Ferrari at Breakfast, Ms Reeves said the Cabinet was united on plans for a third runway, despite facing criticism from Mayor of London Sadiq Khan.
Rachel Reeves has been accused of “double standards” for previously opposing the expansion of an airport in her constituency. The chancellor gave a bizarre reason for her objection to the development at Leeds Bradford when quizzed about it by BBC presenter Charlie Stayt.