Rt Hon Rachel Reeves MP
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Chancellor John Healey has backed the economic case for a third runway at Heathrow, contrasting with Prime Minister Andy Burnham’s refusal to endorse the proposal before further decisions.
Prime Minister Andy Burnham has declined to back a third runway at Heathrow, saying the views of Londoners should be heard before he takes a position on the project.
Chancellor John Healey says the 2027 Spending Review will set a target date for Britain to reach 3% of GDP on defence and a clear path towards the NATO core-defence commitment of 3.5% by 2035.
Chancellor John Healey is reportedly considering windfall taxes on banks and oil companies as Treasury officials look for ways to plug an estimated £4.7bn gap in the public finances ahead of the October Budget.
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