Rachel Reeves discusses Heathrow 3rd runway

Transcript

00:00You will see the plans when we set them out, but already this government has signed off

00:27expansion at London City Airport and Stansted Airport.

00:31Both of those decisions, again, were decisions that the previous government had stalled.

00:36We're getting on and delivering.

00:37That will be good for investment and trade in our country, and also good for families

00:41wanting to go on cheapest holidays as well.

00:44So we're getting on and delivering, whether it's on transport, energy, data, or housing.

00:50A lot has changed in terms of aviation.

00:54Sustainable aviation fuel is changing carbon emissions from flying.

00:58There's huge investment going on on electric planes, and also a third runway will mean

01:05that instead of circling London, flights can land at Heathrow.

01:09So a lot has changed in aviation, and sustainable aviation and economic growth go hand in hand.

01:17We're an open trading economy.

01:19We need to bring investment in, but I believe that clean energy, that reducing our carbon

01:26emissions are good for economic growth.

01:29We can do the two together.

01:30There will be a third runway then.

01:31You've more or less just said that.

01:33We'll announce our plans in due course, but already we've signed off expansion at Stansted

01:38and City Airports.