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.
Rachel Reeves is facing fierce opposition within Labour over her plans for a third runway at Heathrow Airport.
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.
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’
The chancellor says the expansion of Europe's busiest airport is "badly needed" - but the Green Party's Sian Berry calls it "the most irresponsible announcement from any government I have seen since the Liz Truss budget".
U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport.
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.
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.
Chancellor also vows bat tunnels will not be used in UK infrastructure projects as she defends new growth measures
Heathrow's third runway can be built and operating in a decade's time, Chancellor Rachel Reeves has said. Reeves told the BBC she wanted to see "spades in the ground" in the current Parliament and planes to start using the runway by 2035.