Britain’s government has backed a tortured effort to build a third runway at Heathrow, Europe’s busiest airport, throwing its weight behind a decades-old proposal that has been beset by political, legal and environmental challenges.
It is the rich and the corporations who will take the lion’s share of the benefits from Labour’s and all airport expansions, while the poorest around the world pay the costs.
Declaring that “growth will not come without a fight”, she said that the government would back airport expansion and offered more clues about plans to unshackle housebuilding. The Heathrow decision is the surest sign yet of the government prioritising growth,
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’
British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her hunt for economic growth.
Airport bosses have been pushing for the expansion for years, arguing that Heathrow’s capacity is full. They said the £14 billion expansion is needed to add 260,000 flights. Many residents are against the expansion as homes and businesses near the airport’s safety perimeter face demolition,
Rachel Reeves is facing fierce opposition within Labour over her plans for a third runway at Heathrow Airport.
In a major speech, the country’s top finance official pushed for faster economic growth, and supported a long-debated expansion at the London airport.
The third runway is part of its drive to lift the U.K. economy out of a long period of stagnation, Treasury chief Rachel Reeves said in a speech on Wednesday.
Frequent flyers and self-confessed "superfans" have welcomed Southend Airport's announcement that it is ready to provide extra flights
The Chancellor has said she would now support the expansion of Leeds Bradford Airport (LBA), saying "the way we fly has changed". As Leeds West MP, Reeves had opposed proposals for a new terminal at the Yorkshire site over environmental and noise concerns.