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Reeves unveils UK Silicon Valley to boost growth
Daily Express
|January 29, 2025
RACHEL Reeves will today announce the creation of a hi-tech "mega-city" linking Cambridge and Oxford in a bid to kickstart the faltering economy.
The aim is to create a UK Silicon Valley. The Chancellor will vow in a major speech to boost Britain following a wave of criticism from industry and amid warnings that her tax-raising Budget is destroying jobs.
In a sign of growing concern within No10, it emerged that Sir Keir Starmer has ordered every member of the Cabinet to explain how all policy proposals will help the economy grow before they can be given approval.
Ms Reeves was tight-lipped last night about her expected announcement today that Heathrow Airport will receive the OK for a third runway, with Gatwick and Luton airports also allowed to expand.
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