The U.K. government is backing the construction of a third runway at London’s Heathrow Airport, Treasury chief Rachel Reeves said Wednesday in a speech designed to signal to the business world that the new Labour government is serious about turning around the economy.

Heathrow's third runway can be built and operating in a decade's time, Chancellor Rachel Reeves has said. Reeves told the BBC she wanted to see "spades in the ground" in the current Parliament and planes to start using the runway by 2035.

British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her hunt for economic growth.

Britain's Labour government will back plans for a third runway at London's Heathrow Airport, finance minister Rachel Reeves said on Wednesday, saying the project could create over 100,000 jobs. Reeves said in a speech that the case for a third runway at Heathrow - Britain's busiest hub - was stronger than ever and that it would help boost economic growth.

Rachel Reeves has backed a third runway at London's Heathrow Airport as part of a fresh plan to get the UK's sluggish economy growing. In a speech to business leaders, the chancellor said Heathrow expansion, delayed for decades over environmental concerns, would "make Britain the world's best connected place to do business".

U.K. Treasury chief Rachel Reeves said Wednesday that the new Labour government is backing the construction of third runway at London’s Heathrow Airport. Reeves said in a speech that the construction of another runway at the U.

The chancellor announces wide-ranging plans to get the UK's sluggish economy moving.