Chancellor hints in Davos she intends to reaffirm backing of airport expansion despite climate concerns

Economic growth is more important to the UK government than net zero, Rachel Reeves has said, dropping a heavy hint that she intends to shrug off climate concerns and reaffirm her backing for a third runway at Heathrow.

The chancellor is expected to give her firm support to the expansion of Britain’s busiest airport – as well as bringing a second runway at Gatwick into full-time use and increasing the capacity of Luton – in a speech later this month.