Chancellor Rachel Reeves is expected to announce Labour's support for a third runway at Heathrow, despite internal opposition and environmental concerns. This move is part of larger plans to boost the UK economy, alongside other infrastructure projects like expansions at Gatwick and Luton airports and development focused on creating a 'Silicon Valley of Europe' between Oxford and Cambridge. Reeves will stress the UK's 'huge potential' and its leadership in transformative sectors such as AI and life sciences, while facing criticism from the Conservatives regarding the hastiness of Labour's plans.
The Chancellor's announcement of Labour's intention to support Heathrow's expansion signals a critical shift in UK infrastructure policy amidst opposition from within the party.
Rachel Reeves is expected to detail plans for economic growth, including a third runway at Heathrow, despite environmental concerns raised by campaigners.
Labour's proposal is set to enhance connectivity through significant infrastructure projects, aiming to transform the UK into a powerhouse of economic potential and innovation.
Prime Minister Sir Keir Starmer emphasized the need to 'kick down the barriers to building' as Labour seeks to revitalize the economy.
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