Heathrow Airport’s third runway can be built in the next decade, Rachel Reeves has said, as she aims to boost growth amid the UK’s gloomy economic outlook.

Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job losses and she admits fixing the economy is ‘not an easy job’

Declaring that “growth will not come without a fight”, she said that the government would back airport expansion and offered more clues about plans to unshackle housebuilding. The Heathrow decision is the surest sign yet of the government prioritising growth,