Tories: We need something earlier than Heathrow expansion
Video Credit: ODN - Duration: 02:00s - Published
Tories: We need something earlier than Heathrow expansion
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.
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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
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Along with an expansion of Heathrow Airport, the chancellor announced the governmentās backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could become āEuropeās Silicon Valleyā and add Ā£78 billion to the UKās economy by 2035. Rachel Reeves also declared government support for the redevelopment of the area around Manchester Unitedās Old Trafford stadium. Along with these investments, Reeves announced other key points such as a Ā£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
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Guests arriving for the funeral of former Deputy Prime Minister Lord John Prescott. Arrivals include: Sir Lindsay Hoyle, Angela Rayner, John Healey, Rachel Reeves, Sir Keir Starmer, Gordon Brown, Sir Sadiq Khan, David Lammy, Yvette Cooper and Ed Balls, and Tony Blair. Arrivals followed by the coffin being carried into the church.
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Footage of Chancellor Rachel Reeves as she meets with business leaders at a business networking reception at Siemens Healthineers in Oxford and tours the Siemens Healthineers medical facility after her speech on economic growth. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Former Prime Ministers Gordon Brown and Tony Blair were among those who spoke at a touching funeral service for former Deputy Prime Minister Lord John Prescott. There were many recognisable faces in attendance at Hull Minster. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow financial secretary has dismissed comparisons between Margaret Thatcher and Sir Keir Starmer, who likened his government to the ex-prime minister's. Criticising the Labour government's budget, Gareth Davies claimed Chancellor Rachel Reeves's budget has created an environment "not conducive to economic growth". The Tory MP's comments come as Reeves announced government support for Heathrow expansion in a major speech, in which the chancellor said a third runway could increase potential GDP by 0.43% by 2050 and could create over 100,000 jobs. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Jonathan Reynolds says there is no contradiction between Labour's new plans for growth and the government's green commitments, citing investments in renewable energy and clean technology as "massive opportunities". The business secretary did, however, admit that there are ātrade-offsā involved in growth and that the government will have to accept this as part of the process. This comes ahead of Chancellor Rachel Reeves' major speech on growth, in which she is expected to speak about plans of improving water infrastructure, expanding Heathrow, and unlocking big investments for the country. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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