The big points in the chancellor's speech that won't get the headlines
Wednesday, 29 January 2025 () Rarely has a speech been so heavily trailed in the media, with so many of the details - from the third runway at Heathrow to the revived Oxford-Cambridge corridor and the nine new reservoirs across the country - pre-briefed and leaked to the press in advance.
The shadow chancellor has argued that Rachel Reeves's plan to expand Heathrow Airport doesn't do enough to tackle economic issues affecting people now, claiming it will only come into effect in the next 10-30 years, if at all. Mel Stride did, however, assert his support for Reeves's planned Heathrow expansion, despite citing Labour divisions about the issue including Mayor of London Sir Sadiq Khan's objections. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rachel Reeves has asserted that she is "confident" that her plans for Heathrow expansion will find the right balance between sustainable aviation and economic growth. This comes a day after the chancellor's major speech outlining plans for economic growth and initiatives, including a third runway at Heathrow Airport and investments into the Oxford-Cambridge 'Growth Corridor'. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mayor of London Sir Sadiq Khan says he does not support a third runway at Heathrow Airport, siting noise pollution, air quality and the impact on climate change targets. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Along with an expansion of Heathrow Airport, the chancellor announced the government’s backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could become “Europe’s Silicon Valley” and add £78 billion to the UK’s economy by 2035. Rachel Reeves also declared government support for the redevelopment of the area around Manchester United’s Old Trafford stadium. Along with these investments, Reeves announced other key points such as a £65 million investment by the National Wealth Fund in expanding electric vehicle charging infrastructure. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Wednesday, 29 January 2025 ()
Rarely has a speech been so heavily trailed in the media, with so many of the details - from the third runway at Heathrow to the revived Oxford-Cambridge corridor and the nine new reservoirs across the country - pre-briefed and leaked to the press in advance.
![Tories: We need something earlier than Heathrow expansion [Video]](https://video.newsserve.net/300/v/20250130/1400276986-Tories-We-need-something-earlier-than-Heathrow-expansion.jpg)
![Reeves: This government is going to crack on and deliver [Video]](https://video.newsserve.net/300/v/20250130/1400274742-Reeves-This-government-is-going-to-crack-on.jpg)
![Mayor of London does not support Heathrow expansion [Video]](https://video.newsserve.net/300/v/20250129/1400198040-Mayor-of-London-does-not-support-Heathrow-expansion.jpg)
![Chancellor unveils 'Oxford-Cambridge corridor' plans [Video]](https://video.newsserve.net/300/v/20250129/1400195554-Chancellor-unveils-Oxford-Cambridge-corridor-plans.jpg)
