Market News
Rachel Reeves backs new Heathrow Airport runway as focus of UK growth push - REUTERS
Summary
- Finance minister Reeves outlines plans for growth
- Government supports long-delayed Heathrow runway plan
- She highlights home-building, transport links, reservoirs
- Says growth 'won't come without a fight'
- Recent jump in borrowing costs exposed UK vulnerability
EYNSHAM, England, Jan 29 (Reuters) - British finance minister Rachel Reeves gave the government's backing to a long-delayed new runway at London's Heathrow Airport on Wednesday as the centrepiece of her plan to speed up the country's sluggish economy.
Reeves, under pressure to address concerns about growth after a bond market selloff this month, also listed plans for new wind farms and reservoirs and a "growth corridor" between the university cities of Oxford and Cambridge.
