Growth Agenda: Labour's Bold Plans Unveiled

Reviving the Economy: A Fight for Growth

On Wednesday, Chancellor Rachel Reeves steps up to the plate with a comprehensive plan to revitalize the UK economy. But she warns, "Growth will not come without a fight." The measures she proposes aim to energize the country's economic engine.

Unlocking the Power of the Oxbridge Corridor

Leveraging the academic excellence of Oxford and Cambridge, Labour plans to transform the region into a European powerhouse. This project, dubbed the Oxbridge Arc, promises to infuse the economy with an estimated £78 billion by 2035.

Quenching the Thirst for Growth: New Reservoirs Unveiled

To address the UK's water scarcity, the government has approved an ambitious plan to construct nine new reservoirs. These colossal structures will enhance water security and resilience for millions.

Redevelopment of Old Trafford to Ignite Manchester's Economy

A major redevelopment of Manchester United's iconic Old Trafford stadium and surrounding area will anchor the revitalization of this vibrant city. This investment will enhance the local economy and catalyze further development.

Regional Growth: A New Approach

The government's National Wealth Fund and Office for Investment will adopt a fresh approach to accelerate regional development and spread the benefits of prosperity more equitably.

"Growth is Not Our Destiny": Chancellor Reeves' Clarion Call

In her impassioned speech, Chancellor Reeves emphasized that "Low growth is not our destiny." She implored the nation to rally behind the government's "Plan for Change," vowing to fight for a better economic future.

Confronting the Housing Crisis and Infrastructure Challenge

Labour's election pledges to increase housing and infrastructure construction are crucial components of their growth strategy. They aim to address the severe housing shortage and ignite growth in underserved regions.

Oxford-Cambridge Growth Corridor: A British Silicon Valley

The Chancellor will champion the Oxbridge Arc as having the potential to rival Silicon Valley. She envisions a thriving hub for innovation, science, and technology, connecting the expertise of two world-renowned universities.

Investment in Rail and Housing to Spur Growth

Supporting East-West Rail and East Coast Mainline upgrades will link Oxford to Cambridge and beyond. Additionally, resolving objections and providing affordable housing in the area will clear the path for continued development.