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The Latest Breaking News from Rachel Reeves

UK 'can't afford not to build runways' says minister ahead of Reeves speech

Chancellor expected to use major speech on Wednesday to announce Government support for third runway at Heathrow

Evening Standard

Reeves plans to create ‘Silicon Valley’ between Oxford and Cambridge

Chancellor to announce plans to improve infrastructure in region to put it at forefront of science and tech advances

The Guardian - UK

Rachel Reeves to pledge to ‘fight’ for growth in economic speech

The Chancellor will claim the so-called ‘Oxford-Cambridge growth corridor’ has ‘the potential to be Europe’s Silicon Valley’.

Evening Standard

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Starmer warned over ‘anaemic’ post-Brexit reset efforts in damning report

In a damning report to mark the fifth anniversary of Britain’s departure from the European Union, UK in a Changing Europe said it appears that EU policy is ‘peripheral to Starmer’s government’

The Independent UK

Tories warn UK must halt spiralling net migration as population set to top 72 million

After the Office for National Statistics (ONS) said net migration will push the population up by 5 million from 2022 levels, Chris Philp said the ‘shocking and unacceptable projection can and must be stopped from materialising’

The Independent UK

Gatwick and Heathrow runway expansions: How many homes will be impacted - and who benefits?

Chancellor Rachel Reeves is expected to back a third Heathrow runway and endorse expansion at Gatwick - but what is the cost of her pursuit of economic growth?

The Independent UK

Cabinet ministers face economic growth test for new policies

Sir Keir Starmer said economic growth must be hard-wired into Government decisions.

Evening Standard

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Reeves plans £160 billion business boost by changing pension fund rules

The prime minister and chancellor are loosening the rules on how pension funds invest, allowing them to plough surplus funds into the wider economy

The Independent UK

PM and Chancellor to meet top executives as Government continues to seek growth

The Government is also set to announce changes to pension rules to promote investment in UK businesses.

Evening Standard

Employers’ national insurance rise ‘straw that breaks camels back’, Lords told

Crossbench peer Lord Morse, former head of the National Audit Office, warned that ‘not all big businesses have equally broad shoulders’.

The Independent UK

Airport expansions incompatible with carbon budgets ‘won’t go ahead’ – Miliband

The Energy Secretary was quizzed over reports the Government will back a third Heathrow runway amid concerns over compatibility with UK climate plans.

Evening Standard

Rachel Reeves tells MPs of plans to go ‘further and faster’ in pursuit of growth

Chancellor reassures Labour colleagues that climate concerns go ‘hand in hand’ with economic ambitions

The Guardian - UK

Government must go ‘further and faster’ on growth, Chancellor tells Labour MPs

Rachel Reeves said the Government ‘must start saying yes’ to major projects if it wants to support growth.

Evening Standard

Ed Miliband suggests Heathrow expansion may not go ahead if it breaches net zero targets

Ed Miliband looked visibly uncomfortable as he was grilled over how the expansion of Heathrow airport with a third runway was compatible with his carbon emission net zero targets

The Independent UK

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The Guardian - UK

The Guardian view on Labour’s climate plans: they should be central to the party’s purpose

Editorial: An economic shift raises alarming questions about government vision, priorities and commitment to transformative policies

Evening Standard

Why is the price of wine and spirits is going up in the UK?

The end of Dry January is nigh... but you might be splashing out on more expensive wines

The Independent UK

Lord Heseltine brands Brexit a ‘pack of lies’ and calls for Britain to rejoin EU

The former deputy prime minister’s intervention came as it emerged Sir Keir Starmer will snub the fifth anniversary of Brexit on Friday – choosing instead to focus on his ongoing reset of relations with the EU

Evening Standard

Heathrow third runway plan faces 'major obstacles', Kemi Badenoch's transport chief warns

Shadow transport secretary Gareth Bacon previously said the proposal to expand the west London airport would be ‘eye-wateringly expensive and environmentally calamitous’

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The Guardian - UK

Here’s what Labour should learn from Donald Trump: think bigger, think faster

A hostile media will criticise it no matter what. So it should ignore the noise, harness its huge majority – and act decisively, says Guardian columnist Polly Toynbee

The Independent UK

Labour gives update on sickness and disability benefit reforms as spending cuts expected soon

This government will control the UK’s benefit bill ‘once and for all’ says Reeves

The Independent UK

London City airport seeks leisure market growth with Airbus A320neo bid

The airport said its proposal would allow the site to reach its permitted limit for passenger numbers with fewer flights.

The Guardian - UK

Confused about savings? This is the ideal time to take an interest

While Rachel Reeves may be facing financial headaches, the turmoil is bringing serious good news for savers

The Independent UK

Pressure ramps up on Reeves as damning report suggests businesses set to cut jobs

Private sector firms are preparing for another fall in activity, a survey from the CBI showed, prompting renewed calls for the chancellor to backtrack on her Budget

The Guardian - UK

Reeves: third Heathrow runway would be hard decision but good for growth

Chancellor expected to unveil new building projects and revise planning rules to stimulate UK economy

The Independent UK

A more upbeat message from chancellor Rachel Reeves is a start – she must now deliver

THE INDEPENDENT VIEW: Editorial: Rachel Reeves’s return to the growth agenda is a welcome shift in the UK’s economic strategy but it will only be credible if it produces timely results

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