For years the biggest enemy in the economic life of the UK was short-termism — a term hurled around like a rude word, often prefixed with “chronic” for good measure. But this morning as I listened to the chancellor speak from a Siemens factory in Oxfordshire,

Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.

Chancellor of the Exchequer Rachel Reeves made the case for expanding Heathrow in the strongest hint yet that she’s preparing to green-light a controversial third runway at London’s busiest airport in a decision that’s divided the government.

Rachel Reeves’s property tax overhaul will “exacerbate” the high street’s decline, experts have warned, amid fears WH Smith could become the latest well-known retailer to abandon Britain’s town centres.

Chancellor of the Exchequer Rachel Reeves joked about Elon Musk’s online “trolling” of world leaders, in a break from the UK government’s careful efforts to avoid responding to frequent criticism from the close Trump ally.

Chancellor of the Exchequer Rachel Reeves will urge Labour members of parliament to support her push to unlock a series of infrastructure projects designed to spur economic growth in Britain. Most Read from BloombergWhat Happened to Hanging Out on the Street?

Chancellor of the Exchequer Rachel Reeves gave her support for a controversial third runway at Heathrow Airport, part of the Labour government’s push to advance long-delayed infrastructure plans to boost the UK’s flagging economic growth.

A huge row broke out over the future of Heathrow today following reports that Rachel Reeves is preparing to give her support to a third runway.It was claimed that the Chancellor will pledge to give her backing to the £14 billion expansion of the west London hub as well as a second runway at Gatwick and a major increase in capacity at Luton airport in a bid to kick-start economic growth.

Chancellor of the Exchequer Rachel Reeves insisted the UK doesn’t have to choose between its climate goals and pursuing growth, as she delivered a long-heralded speech on boosting the economy — including plans to expand Heathrow airport.

Rachel Reeves reached far and wide as she sought to revive the UK’s flagging economy with wind turbines, roads, airports, railways, trade deals, and proposed reforms to pensions, planning and the welfare system.

Sir Keir Starmer has vowed to end the “sickness of stagnation” in Britain’s economy ahead of a speech by Chancellor Rachel Reeves where she is expected to back the expansion of Heathrow.