London Daily

Focus on the big picture.
Tuesday, Feb 25, 2025

Rachel Reeves Unveils Major Infrastructure Plans to Boost UK's Economy

Rachel Reeves Unveils Major Infrastructure Plans to Boost UK's Economy

Chancellor Rachel Reeves announces government backing for a third Heathrow runway, new reservoirs, and regional growth initiatives as part of a broader strategy to stimulate economic growth.
Chancellor Rachel Reeves has revealed a series of government-backed infrastructure projects designed to boost the UK economy, including plans for a third runway at Heathrow Airport, regional developments, and green energy investments.

Reeves confirmed that the Heathrow expansion, approved in 2018 but delayed by legal challenges, could create up to 100,000 jobs and aims to be operational by 2035, despite opposition from local authorities and environmental groups.

The government is also supporting expansions at City, Stansted, and Luton airports, as well as reopening Doncaster Sheffield Airport.

Reeves outlined plans to turn the Oxford-Cambridge region into 'Europe’s Silicon Valley,' with transport and housing projects expected to add £78 billion to the UK economy.

Additionally, £7.9 billion will be invested in building nine new reservoirs, including the Fens and Abingdon reservoirs, to address water scarcity.

Reeves also announced a £65 million investment in electric vehicle charging infrastructure and £28 million for raw materials for renewable energy projects.

Other projects include the redevelopment of Manchester United’s Old Trafford stadium and a £9 billion road tunnel under the Thames River, called the Lower Thames Crossing.

While most of the announcements focus on England, Reeves emphasized collaboration with devolved governments to ensure the benefits are felt across the UK, including a £1 billion investment zone in Wrexham and Flintshire.

The government also plans to invest in Glasgow's regional development.
Newsletter

Related Articles

Prince William Expresses Deep Concern Over Family Health Struggles
0:00
0:00
Open
Prince William Expresses Deep Concern Over Family Health Struggles
0:00
0:00
Close
Prince William Expresses Deep Concern Over Family Health Struggles
Severe Gales Disrupt Flights and Ferries to the Isle of Man
UK Government Rejects Devolution of Crown Estate to Welsh Ministers
Inadequate Communication by Authorities Following Southport Attack Raises Public Concerns
Lucy Letby Inquiry Reveals Hospital Executive's Perception of Nurse's Innocence
Scottish Businessman Campbell Scott Found Dead in Kenya
Suspended Labour MP Mike Amesbury Sentenced to 10 Weeks in Jail for Assault
Stonewall Faces Staff Cuts Amid US Foreign Aid Freeze
FBI Director Kash Patel Seen Wearing Liverpool Tie, Generating Social Media Excitement
Google's AI surpasses gold medalists from the Math Olympiad.
India and UK Resume Trade Negotiations Aiming to Triple Bilateral Trade
Putin Describes Zelensky as a 'Toxic Figure' in Ukrainian Politics
Macron Stresses the Importance of Ukraine's Sovereignty During US-Russia Peace Discussions
US Casts Vote with Russia Against UN Resolution Denouncing Invasion of Ukraine
Unelected President Zelenskiy suggests he will resign only if something unprecedented occurs: Ukraine becomes a NATO member.
German election surveys indicate a shift, with conservatives taking the lead and the far-right making advances.
Satya Nadella Recognizes Microsoft's Error in the Search Market.
Research Explores Possible Connection Between COVID-19 Vaccines and Post-Vaccination Syndrome
Japanese Police Academies Implement Makeup Training for Male Recruits
German Chancellor Admits Party Loss in National Elections
Trump Hails German Election Outcomes as 'Fantastic Day for Germany'
German Political Leaders Respond to Election Outcomes
Latin America News Summary: Gatherings, Court Disputes, and Financial Developments
Preliminary Exit Polls Suggest Conservative Advantage in German Election
Elton John's Opposition to AI: A Misguided Anxiety That Poses a Risk to Musical Innovation
The forthcoming election represents a pivotal opportunity for German citizens to choose a change that genuinely aligns with their interests and ensures a more robust future.
The US may restrict Ukraine's access to Starlink internet services due to mineral concerns.
President Trump Dismisses Leading U.S. Military Officials in Significant Pentagon Overhaul
Elton John Urges UK Government to Rethink Copyright Rules to Protect Creators from AI
Government Funding Withdrawal Casts Doubt on Future of UK National Parking Platform
Failure to Enforce Image Deletion in Revenge Porn Cases Leaves Victims at Risk
Police Close Sections of M4 Motorway Near Bristol After Human Remains Discovered
Keir Starmer Sets Ukraine Peace Agenda Ahead of Meeting with Trump
UK Prime Minister Talks About Ukraine's Sovereignty Before Meeting with Trump
Ukrainian President Zelensky Wavers on US Minerals Deal
Child Exploitation and Cuckooing Set to Become Criminal Offences in UK Legislation
Severe Weather Disrupts Travel on the Isle of Man
Roana Celebrates 46th Birthday as Britain's Oldest Horse
Peter Capaldi Returns to Music After Four Decades
England's Struggling Councils Granted Budget Flexibility Amid Financial Strain
Berlin Holocaust Memorial Stabbing: Authorities Report Suspect Had Preplanned Assault
Stabbing Incident in Mulhouse, France: One Fatality, President Condemns Islamist Terrorism
Vatican Declares Pope Francis' Health Status as 'Critical'
UK Prison Officer Sentenced for Inappropriate Conduct with Inmate
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
×