Rachel Reeves set to clash with Labour colleagues, prioritizing economic growth over Net Zero goals

Rachel Reeves stands firm on economic growth over green targets

Chancellor Rachel Reeves is gearing up for a showdown with her Cabinet colleagues, asserting that economic growth should take precedence over achieving Net Zero ambitions.

Reeves ready to diverge from Energy Secretary Ed Miliband

Reeves seems prepared to challenge Energy Secretary Ed Miliband's stance on the pace of transitioning to Net Zero, stating that the growth of the economy must be the top priority.

Support from Sir Keir Starmer on growth commitment

Backed by Labour leader Sir Keir Starmer, Reeves emphasized the government's commitment to economic growth. However, Starmer remains silent on Heathrow expansion plans.

Heathrow expansion plans in the spotlight

Reeves is expected to endorse Heathrow expansion and increased capacity at Gatwick and Luton in an upcoming speech, while Starmer hints at a potential shift on the third runway.

Pressure mounts on public finances

With public borrowing reaching £18 billion last month, the highest December figure in four years, Reeves faces renewed calls to tighten fiscal policies, potentially through tax hikes or spending cuts.