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UK financing minister, asked about Heathrow expansion, says growth is her top priority

British finance minister Rachel Reeves provided her greatest sign yet that she would support broadening London's Heathrow hub, saying driving economic development was the federal government's top priority in answer to a. concern about airport growth.

When we state that development is the number one objective of this. government, we mean it, which implies it trumps other things,. she told a Bloomberg occasion at the World Economic Forum's annual. conference in Davos on Wednesday.

Britain's problem in the past had been declining brand-new. infrastructure, she stated.

The answer can't constantly be no, she stated, highlighting past. decisions on not developing pylons, airports and real estate.

Heathrow, Britain and Europe's busiest airport, has for. years wished to construct a brand-new runway to grow trade and boost. tourist, however the strategy is currently on ice following the COVID. pandemic and multiple ecological obstacles.

However according to media reports, Reeves is anticipated to give. Heathrow's expansion the green light when she makes a speech. next week setting out more in-depth strategies to grow the economy.

Any move to increase flying is most likely to trigger opposition. from environmentalists over worries about the impact of aviation. emissions on climate change.

Reeves said she would not talk about speculation about her. speech next week.

Independently, Britain's 2nd biggest airport Gatwick is. awaiting the government to say whether it is enabled. to expand to add tens of millions of additional passengers each year. A choice is expected by Feb. 27.

(source: Reuters)