Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Tuesday 23 September 2025 6:00 am  |  Updated:  Monday 22 September 2025 6:17 pm

Infrastructure could be rare success story for Labour

By: Christian May

Editor-in-Chief

Add as a preferred source on Google
Labour has given the green light to Gatwick's second runway
Taking off? Chancellor of the Exchequer Rachel Reeves during a visit to the Easyjet CAE Simulator Centre at London Gatwick Airport in Crawley, West Sussex. Photo: Belinda Jiao/PA Wire

The decision to allow a second runway at Gatwick is entirely sensible and most welcome.

As the Chancellor said yesterday on her visit to the airport, the development “will mean that people going on holiday will have a greater choice of destinations [and] it will mean lower costs for a family holiday.” More importantly, she added that it will bring “more good jobs paying decent wages through this injection of cash into our economy.”

Quite how the additional 100,000 flights a year squares with the UK’s legally binding (and poorly thought-out) climate commitments is for another day – or a judicial review, at least. Ministers, when pushed, mumble something about Sustainable Aviation Fuels – but the technology remains a feel-good fantasy. For now, we should welcome the fact that the government seems content to have the fight and isn’t in the mood to roll over when the NIMBYs moan.

I don’t often identify opportunities to say “well done” to this government so I’ll say it clearly off the back of the Gatwick decision: well done. And this follows last week’s flurry of announcements on AI and energy infrastructure.

It must be said that long-term infrastructure development is probably the most promising part of the government’s entire agenda. Downing Street certainly thinks so, and last night they sent out a list of 25 “major infrastructure approvals” that have been given the thumbs up since Keir Starmer came to power. True, no fewer than 10 of them are solar farms (and surely all of them have their roots in pre-Labour years) but there are some solid examples in the list, including the Lower Thames Crossing, Luton airport’s expansion and some much-need motorway upgrades. They’ve also given the nod to a third runway at Heathrow but it doesn’t make the list as rival bids are yet to be formally assessed.

These grand projects are great but, unfortunately, when it comes to the more mundane task of building houses, the government has less to shout about. Last night the Chancellor insisted that they will meet their promise of building 1.5m new homes this parliament, but few expect it to happen.

That said, with plans announced for a ‘default yes’ to be granted to developments on brownfield sites, we could yet see some progress. Much hangs on the completion of the delayed Planning and Infrastructure Bill, currently being picked over by special interest groups, but the Chancellor says she’s “backing growth, not NIMBYs or newts” – and on that, I say all power to her.

Read more

Flying at Heathrow will cost ‘significantly more’ due to third runway bid

Heathrow and several European airports are suffering from a cyber attack.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Business
  • Aviation
  • Economics
  • Opinion
  • Politics
  • Transport & Infrastructure

People & Organisations

  • Aviation
  • Gatwick Airport
  • housebuilding
  • infrastructure
  • Labour Party
  • Planning reform
  • Rachel Reeves
  • UK economy
  • UK Government

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Lloyd’s deputy chair: The City is a club in the best sense

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

More from City PM

  • Flying at Heathrow will cost ‘significantly more’ due to third runway bid

    Transport & Infrastructure
    Heathrow and several European airports are suffering from a cyber attack.
  • ‘Bogus claim’: Ryanair hits back at watchdog probe into family seating policy

    Transport & Infrastructure
    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • Let’s help London’s £53.5bn airport investment opportunity take off

    Opinion
    Commercial airplane flying in clear blue sky, representing aviation news and current trends in the airline industry.
  • Iran war to dent passenger volumes, Heathrow warns

    Business
    Heathrow Airport terminal bustling with travelers and staff, showcasing modern architecture and international flight activity
  • Ministers open door to phased Heathrow third runway plan

    Aviation
    Heathrow Airport terminal bustling with travelers and staff, showcasing modern architecture and international flight activity
  • Gatwick expansion cleared for take-off, court rules

    Aviation
    20m passengers have flown through Gatwick this year
  • London City Airport faces opposition over bigger planes plan

    Transport & Infrastructure
    London City Airport terminal bustling with travelers and staff, showcasing modern architecture and vibrant city backdrop.
  • GenNx360 Capital Partners Promotes Pratik Rajeevan to Partner

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy