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

Rachel Reeves confirmed plans for a third runway at London Heathrow Airport this morning, (Wednesday, January 29). The ambitious project has been backed by the airport itself, claiming it is the 'bold, responsible vision the UK needs to thrive in the 21st century'.

British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her hunt for economic growth.

In a major speech, the country’s top finance official pushed for faster economic growth, and supported a long-debated expansion at the London airport.

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. In a speech to business leaders, the chancellor said Heathrow expansion,

The third runway is part of its drive to lift the U.K. economy out of a long period of stagnation, Treasury chief Rachel Reeves said in a speech on Wednesday.

Britain's Labour government will back the construction of a third runway at London's Heathrow Airport to boost trade and economic growth, finance minister Rachel Reeves said on Wednesday.