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, would “make Britain the world’s best connected place to do business”. In a wide-ranging speech to business leaders, she also backed expansions at Luton and Gatwick airports, as well as a “growth corridor” between Oxford and Cambridge, which she claimed could be “Europe’s Silicon Valley”. The Conservatives said the biggest barrier to growth was Reeves’ “job destroying Budget”, which had hit businesses with National Insurance increases.
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