Wed, 29 Jan 2025

At a glance: What was in Rachel Reeves's speech?

The chancellor announces measures she says will kickstart growth: what are they?

* Backing plans for a third runway at Heathrow Airport, which could create 100,000 jobs
* Inviting Heathrow to submit plans to expand the airport by the end of summer, with government approval only if they meet environmental and climate objectives
* Decisions on expanding Luton Airport and building an emergency runway at Gatwick Airport will be delivered soon
* Reopening Doncaster Sheffield Airport as a regional hub
* Partnership between Prologis and Manchester Airport Group to build a new advanced manufacturing and logistics park, with £1bn investment and 2,000 jobs
* Building "Europe's Silicon Valley" between Oxford and Cambridge, aiming to add £78bn to the UK economy in 10 years
* Funding for transport projects, including East-West Rail line and A428 upgrade
* New innovation hub at University of Cambridge, with new homes and schools built alongside
* Priority for a new Cambridge Cancer Research Hospital
* Approvals for new towns expected soon
* Investment in water companies to build nine new reservoirs, including Fens Reservoir to serve Cambridge
* Review of government guidance on building major projects to support investments outside south-east England
* £65m investment in electric vehicle charging company Connected Kerb and £28m in Cornish Metals for solar panels, wind turbines and electric vehicles
* Hosting trade trips with India and the EU
* Investing in Lower Thames Crossing, UK's largest road tunnel
* Backing Wrexham and Flintshire Investment Zone in Wales to attract £1bn investment and create 6,000 jobs
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