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.

In a major growth speech in Oxfordshire, Reeves said that a third runway at London's Heathrow Airport was "badly needed," adding it would boost investment, support economic expans

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,

U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport.

Britain's Labour government will back plans for a third runway at London's Heathrow Airport, finance minister Rachel Reeves said on Wednesday, saying the project could create over 100,000 jobs. Reeves said in a speech that the case for a third runway at Heathrow - Britain's busiest hub - was stronger than ever and that it would help boost economic growth.

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,