The Labour mayor for London, Sadiq Khan, immediately came out swinging after Reeves’ announcement. He said: “I remain opposed to a new runway at Heathrow airport because of th
Double-bubble: Rachel Reeves' regurgitating of Boris Johnson ’s old manifesto, sorry I mean Rachel Reeves' unveiling of Labour’s pioneering new plan for growth, then Keir Starmer at Prime Minister's Questions.
It's like complaining that PM Keir Starmer hasn't grabbed enough freebies, or that Energy Secretary Ed Miliband has too much common sense. But that’s how they think, on the left of the party. Their biggest beef about Labour is that Rachel Reeves is too soft. She needs to tax more – and spend more of course.
Jonathan Reynolds, Labour’s business secretary, told the Financial Times, “We have to respond to the agenda the US president has just set out with our own dynamism… Every country has to do it.”
A major speech Wednesday promises a host of pro-growth policies to turn the UK economy around. But the hurdles in the chancellor’s way are huge.
The Labour Party Chancellor and MP was speaking out on Wednesday as she delivered a landmark speech on growth on January 29.
The chancellor has told Labour MPs there are "no easy routes" to economic growth, after hinting the government will back a third runway at Heathrow Airport. Rachel Reeves said ministers must start saying "yes" to new projects and go "further and faster" to boost the economy.
Chancellor Rachel Reeves has hinted the government would support a third runway at Heathrow.
The Chancellor has faced questions about her plans since the start of the year, amid stuttering growth figures and rising borrowing costs
Labour’s ambitions for a more pro-growth, pro-business agenda mark a positive shift, at least in tone. But actual, visible, tangible growth depends on execution. This in turn depends on private sector money, overcoming bureaucratic hurdles, and cutting the Brexit red-tape that continues to hamper trade with the EU.
Chancellor also vows bat tunnels will not be used in UK infrastructure projects as she defends new growth measures
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.