Heathrow expansion can be done in a decade, says Rachel Reeves - The Chancellor said she wanted to see ‘spades in the ground in this parliament’.

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’

U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport