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Chancellor Rachel Reeves promises to begin the British economy “further and faster” on Wednesday to initiate the British economy in a great speech because it seeks to persuade the financial markets and the leaders of the enterprises that the government has committed itself to growing growth.
Reeves will signal that it is ready to have a “fight” with opponents – including environmentalists – who stand in the way of government planning reforms.
The Chancellor is under pressure to calm businesses and investors after the budget for increasing taxes in October, the main package of employment reforms and the recent increase in gilded revenues.
Reeves confirms that the government revives plans for the “Oxford-Cambridge” growth corridor at a wider pressure to liberalize the planning regime and the position of more houses.
The Chancellor will also emphasize the progress in the new “industrial strategy” and signals its support for the expansion of airports in Great London.
It also confirms the plans to release the rules in the issue of some of the surplus of 160 billion GBP in defined pension schemes.
“We have received low expectations for too long, accepted stagnation,” she said. “Low growth is not our destiny.” However, growth does not come without a fight. ”
The Oxford-Cambridge arch would include new transport connections and housing between two leading British university cities. It was postponed for three years Agabout the then conservative Prime Minister Boris Johnson.
Reeves will emphasize the plans for the new development of 4,500 houses around the Cambridge design and the praise design of the Cambridge University for the construction of the Innovation Center.
In recent months, the Chancellor has intensified his rhetoric for growth and ordered the Whitehall and Regulatory Department to prefer the politicians that bring economic benefits.
On Tuesday, Starmer promised to “grow hard wire to all decisions in the cabinet” during a meeting with Reeves and executives in London.
Downing Street has confirmed the change of Whitehall's “Write Round” process, according to which cabinet members are consulted on new politicians, which means that ministers will have to set new “growth credentials” policies.
In March, the government will reveal a bill on planning and infrastructure that would block the protesters in the use of more court reviews and disrupt the power of environmental quangos to delay large household programs.
New legislation along with Reeves's enthusiasm for the new third track in HeathrowIt caused nervousness between some green groups.
Shaun Spiers, Green Alliance Executive Director, said that Reeves' speech seemed to “take a demoling ball” for relations between the government and the environmental movement.
“It seems that the government is far from building a partnership needed to deliver the real economic and social recovery program at the core of pure energy and growth mission, which intends to ignite the main part of its political coalition in an effort to make a number of high -risk, high carbon, but eventually projects With a low return, ”he added.
Transport Minister Heidi Alexander is expected to approve expansion at Luton and Gatwick Airports before spring in a quasi-social process.
Heathrow is still waiting for clear political support before submitting his own application – potentially before the end of the year – to continue the third track.
The expanding Heathrow was previously against eight current members of the cabinet, including Prime Minister Sir Keir Starmer.
Minister of climate change Ed Miliband is a long -term opponent of the system, but indicated that he would not resign on the cabinet.
However, several deputies at Backbench with election districts in West London criticized the potential expansion of Heathrow in the Chamber of Deputies on Tuesday.
Andy Slaughter, a member of Hammersmith & Chiswick, said “there is no chance that there will be spades in this parliament”.
The government must update its “statement of national airport policy” because the current – published in 2018 – was produced before the United Kingdom received hard climatic targets, including the clean Zero 2050.
A report published on Wednesday The Good Growth Foundation, a new Think-tank operated by Nagund, a former Islington North Labor, warns that lifting GDP will not be enough to make voters happy.
“The cost of living is the primary focus of voters. . . Success looks like ending the crisis and increasing one -time income, ”says the report. “The public must see how the economy is growing in a way that benefits them.”
