Reeves gave her speech
Banging her long-term plans for her growth

And the 3rd Runway Heathrow was confirmed.

Also
£9 billion M25 tunnel between Kent and Essex
Announced.

But all these Mega Projects will take a very long time.


[The chancellor backed a third runway
at Heathrow Airport, saying it was "badly needed",
could create 100,000 jobs, and that she wanted
"proposals to be brought forward by the summer"
She said the government is also
"backing Andy Burnham's plans for the
redevelopment of [Manchester United's] Old Trafford,
which promises to create new housing
and commercial development around a new stadium"
She supported a reopened airport in
South Yorkshire, saying: "We will work with
Doncaster Council and the Mayor of South Yorkshire
Oliver Coppard to support their efforts
to recreate South Yorkshire airport
city as a thriving regional airport"
And she also promoted the "Oxford-Cambridge
growth corridor", saying the government
would back a series of projects to create
the "Silicon Valley of Europe"
On broader policy, she said she had been
"genuinely shocked" at how slow
the planning process is, and said developers should
not have to worry about "the bats and the newts"
"Low growth is not our destiny,
but growth will not come without a fight,
without a government willing to take
the right decisions now to change our country's
future for the better," she said]

https://www.bbc.co.uk/news/live/cg7zdme95z1t

Sky News Text :
[Despite the Bank of England cutting the base
rate of interest from 4.75% to 4.5% on Thursday,
the Daily Mail suggests the UK is in a
"new era of stagflation".

The Bank has slashed its prediction
for UK growth this year by half,
to just 0.75%.]

https://liveblog.digitalimages.sky/l...36b8360b2a.png