GROWTH will not come without a “fight”, Rachel Reeves declared in a major speech today.
The Chancellor vowed to “take the right decisions now to change our country’s future” as she set out a major economic reset.
In Oxfordshire the Chancellor said: “Low growth is not our destiny but growth will not come without a fight.
“Britain’s potential has been held back for too long. We have accepted low expectations, stagnation and the risk of decline. We can do so much better.
“We are at the forefront of some of the most exciting developments in the world like artificial intelligence and life sciences. We have great companies, delivering jobs and investment in Britain.
“And we have fundamental strengths — in our history, our language, and our legal system — to compete in a global economy.”
Yesterday The Sun revealed Manchester United’s plans for a 100,000-seater mega-stadium will “generate growth” to the tune of £7billion every year.
Ms Reeves gave the residential, transport and entertainment development at Old Trafford the green light as part of her speech today.
Newcastle United and Aston Villa are also keen for government support for stadium developments.
The Chancellor said she is “genuinely shocked” at how “ridiculous” waiting times to approve planning applications are.
She pledged to rip up red tape and reform rules around the green belt to help build 1.5million new homes this parliament.
The Chancellor also backed a new rail link from Oxford to Cambridge, which will add an estimated £78billion to the economy over the next decade.
And she promised to take on Britain’s over-inflated welfare bill, which has continued ballooning as more and more people claim health and disability benefits.
