Rachel Reeves announced ambitious infrastructure plans including government backing for a third runway at Heathrow Airport, projecting 100,000 job creations. With the previous plans stalled by legal challenges, she emphasized the need for environmental compliance in project approvals. Other airport expansions, including City and Stansted, along with efforts to revive a closed Doncaster airport, were also highlighted. Reeves aims to enhance the Oxford-Cambridge region with a significant economic boost and improved transport infrastructure, contributing to a projected increase of £78 billion to the UK economy over the next decade.
Reeves vowed to build "Europe's Silicon Valley" between Oxford and Cambridge, unveiling policies to boost the region's growth and add 78bn to the UK economy in the next 10 years.
She confirmed the government is officially backing plans to build a third runway at Heathrow Airport, arguing it could create 100,000 jobs.
The government will work with Doncaster Council and the Mayor of South Yorkshire to revive the closed airport, aiming to turn it into a thriving regional hub.
Funding has been confirmed for transport projects, including the East West Rail, and an upgrade on the A428 between Milton Keynes and Cambridge.
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