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Chancellor unveils 'Oxford-Cambridge corridor' plans
Video Credit: ODN
Published on January 29, 2025 - Duration: 02:20s
Chancellor unveils 'Oxford-Cambridge corridor' plans
Along with an expansion of Heathrow Airport, the chancellor announced the government’s backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could become “Europe’s Silicon Valley” and add £78 billion to the UK’s economy by 2035.
Rachel Reeves also declared government support for the redevelopment of the area around Manchester United’s Old Trafford stadium.
Along with these investments, Reeves announced other key points such as a £65 million investment by the National Wealth Fund in expanding electric vehicle charging infrastructure.
Report by Faragt.
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Heathrow Airport
Main airport serving London, England, United Kingdom
All flights to and from London Heathrow have been cancelled today due to a fire at a nearby electricity substation.
8 hours ago • Sky News
Rachel Reeves
British politician (born 1979)
National Wealth Fund (United Kingdom)
Sovereign wealth fund in the UK
Social networking service owned by Meta Platforms
Old Trafford
Football stadium in Manchester, England
Manchester United F.C.
Association football club in England
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