Asked in a quickfire newspaper quiz to choose between “bats or newts,” two creatures whose habitats are currently protected by the UK’s environmental laws, Chancellor of the Exchequer Rachel Reeves snapped back, “Neither, because I want growth.”

British Chancellor Rachel Reeves has brushed aside concerns about the climate impact of expanding London’s Heathrow airport, insisting there is “no trade off” between the pursuit of economic growth and the UK’s desire to decarbonize.

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.

What didn’t Rachel Reeves say in her growth speech yesterday? The widely trailed address surveyed the wide expanse of the government’s economic programme — from the “difficult” decisions taken in the autumn budget to the latest controversy surrounding a third Heathrow runway.

UK Chancellor Rachel Reeves "knows the third runway in Heathrow won't be delivered until about 2040, possibly even 2050, if at all," says Ryanair CEO Michael O'Leary. "This is a dead cat she's throwing up on the table to mask the fact that she has no growth plan,

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Chancellor of the Exchequer Rachel Reeves said she wants construction work to begin on a third runway at Heathrow Airport before the next election is due in 2029, a day after giving the green light to a controversial project that’s divided her governing Labour Party.

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US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.

The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.m. Eastern. Economists surveyed by FactSet expect real GDP grew at a seasonally adjusted annual rate of 2.5% in the period, versus the 3.1% pace of growth set during the third quarter.

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,