Reeves: Gatwick second runway shows Government ‘backing builders, not blockers’
Gatwick Airport’s £2.2 billion second runway plan could create thousands of jobs and help “kickstart the economy”, Chancellor Rachel Reeves said.
Ms Reeves said: “This Government promised to kickstart the economy – and we are.
UK taxes to rise steadily to combat mounting public spending pressures – KPMG
“While the economy showed resilience at the start of the year, the second half looks more uncertain,” Yael Selfin, KPMG UK’s chief economist, said.
“Elevated tax burdens, weaker global trade and cautious consumers are likely to keep growth subdued into 2026.”
The Chancellor is facing a “tough balancing act” with “mounting pressures on health and defence spending, combined with weaker growth”, she said.
“While the economy showed resilience at the start of the year, the second half looks more uncertain,” Yael Selfin, KPMG UK’s chief economist, said.
“Elevated tax burdens, weaker global trade and cautious consumers are likely to keep growth subdued into 2026.”
The Chancellor is facing a “tough balancing act” with “mounting pressures on health and defence spending, combined with weaker growth”, she said.
Oh dear, Rachel from Accounts is still being trundled out to say things nobody believes or listens to. Sometimes she wears a hard hat to pose with people who actually do things she probably doesn't understand. A better understanding of publicity might help with that.
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