Rachel Reeves heavily hints at third Heathrow runway
As part of her upcoming speech on economic growth, Rachel Reeves is expected to announce approval for a third runway at Heathrow. Reeves refused to confirm this in her interviews this morning, telling Laura Kuenssberg, ‘You will see the plans [for Heathrow] when we set them out’. However, Reeves emphasised that the government had already ‘signed off expansion at London City airport and Stansted’, and claimed Labour were ‘getting on and delivering’. When asked by Kuenssberg whether she disagreed with Sadiq Khan’s comments on the negative impacts a third runway would have on the climate, Reeves more or less confirmed the imminent announcement, saying, ‘a third runway will mean that instead of circling London, flights can land’.
Reeves: ‘If you make Britain your home you should pay your taxes here’
Scrapping the non-domicile tax status was part of Labour’s manifesto, but at Davos this week, Rachel Reeves announced an amendment to their policy, increasing the generosity of the Temporary Repatriation Facility, which allows ‘non-doms’ to bring assets to the UK at a discounted tax rate.
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