It is the rich and the corporations who will take the lion’s share of the benefits from Labour’s and all airport expansions, while the poorest around the world pay the costs.
The London Mayor is sharpening his knives for the long-delayed third runway – but is this a matter of policy or political manoeuvring?
In a major growth speech in Oxfordshire, Reeves said that a third runway at London's Heathrow Airport was "badly needed," adding it would boost investment, support economic expans
Rachel Reeves has told London Mayor Sadiq Khan she is certain to defeat his bid to sabotage her Heathrow expansion scheme. Asked if Mr Khan was able to stop to her third runway plan, the Chancellor replied: ‘No.’ The capital’s Labour mayor could mount a legal challenge, she said, but he would not prevail in the end.
To justify air travel emissions ballooning in the meantime, the aviation sector has promised a mix of “supply-side” measures, like replacing kerosene with so-called “sustainable aviation fuel” (SAF), which Reeves described as “a game changer”, and making planes lighter and more fuel-efficient.
Ryanair has announced seven new London-Stansted routes but wants UK airport tax scrapped saying it is stifling growth in the UK economy.
"Three-quarters of the village would be demolished. It wouldn't be a viable community. Pubs, the shops will go because there aren't enough customers. "The bus won't come up on the main road because there's a runway in the way.
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. Successive governments have dithered over whether to expand the site to the west of London,
Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job losses and she admits fixing the economy is ‘not an easy job’