The chancellor will say that the UK has “major strengths” but is “detained” and has accepted “stagnation” in her address to Oxfordshire on Wednesday.
Ms Reeves will also use speech to claim that the so-called “Oxford Cambrridge Growth Corridor” has the “potential to be Europe in Silicon Valley” and offers “huge economic potential for our country’s growth prospects”.
It is also expected around growth, it is also expected to include support for the expansion of the Heathrow airport – a problem that some cabinet ministers have opposed in the past – and repeat the government’s support for the Old Trafford reconstruction of Manchester United.
During her speech, Ja Reeves is expected to describe the UK as a country of “huge potential”, but also to say that “this potential has been detained too long.”
“We have accepted low expectations for too long, accepted stagnation and accepted the risk of decline. We can do a lot better, “she will say.
“Low growth is not our fate. But growth will not come without a fight. Without a government that is on the side of working people. The desire to make the right decisions now to change your country’s course to better. “
It comes as the chancellor and Sir Cayar Starmer have suggested to business leaders that the cabinet’s colleagues are ordered to throw away policies that could interfere with their efforts to develop the economy.
The new reservoirs and a new train station are among the measures that will be announced by the Chancellor during speech, which will include plans to strengthen the connectivity in the region around the two cities of the university.
As part of the delivery of what Mrs. Reeves will call “Oxford-Cambridge Growth Corridor”, it will also touch the East-West Railway Funding, a long-term rail that will connect the cities, as well as a new Railway Station in Tempsford.
She will say that cities are “two of the least available in the UK”, and existing transport options mean that traveling between them “by train takes two and a half” until “there is no way to travel directly from cities like Bedford and Milton Keynes to Cambridge with a railway line. “
“Oxford and Cambridge offer huge economic potential for our country’s growth prospects,” it is expected to say.
“Just 66 miles apart, these cities are home to two of the best universities in the world, two of the most intense innovative clusters in the world, and the area is the Center for World-Famous Science and Technology Companies for Life Sciences , production and AI.
“He has the potential to be Europe in the Silicon Valley. The House of British Innovation. “
In later, it will add: “In other words, demand is available, but there are too many restrictions on the supply of economic growth in the region.”
It is also expected that the Chancellor will touch the Environment Agency, which has denied its objections to a new development near Cambridge, which can see 4,500 new homes.
In December, the Regional Council of the Southern Cambridge announced that a planning authorization was issued for up to 4500 new homes in Waterbeach after the Environment Agency withdrew their opposition.
As well as proposals to update transport in the region – including upgrading to the A428 – there are plans for nine new tanks after ministers have reached an agreement for billions in the investment in the water company over the next five years.
Along with the support of the proposed third track in West London Heathrow, the Treasury is also expected to support the expansion of airports in Gatwick and Luton.
There is also speculation that D -Ja Reeves will support the intersection of Lower Thames – a proposed way to cross Kent and Essex – as well as the Universal Studios Theme Park near Bedford.
The Minister of Science Sir Patrick Valence will be appointed champion of the Oxford Cambrridge Growth Corridor.
Sir Patrick, who was regularly seen during the government briefings in Covid in his then roll as a major government advisor, will make sure that the government’s ambitions in the region have been betrayed, the Ministry of Finance said.
On Tuesday, it appeared that Dzh Reeves and the Prime Minister ordered colleagues from the cabinet to throw away policies that could prevent their efforts to develop the economy.
Sir Keyer told the business chiefs at a meeting in the London city that he is a “increased growth in all the cabinet decisions” and that “what we did Rachel and I was to clarify to each of our cabinet colleagues who in each From their pants, growth is the number one mission. “
Ministers are expected to determine the growth credibility of new policies to obtain approval from their cabinet colleagues in shaking the usual system to receive a “collective agreement” for significant changes.
The prime minister asked the cabinet secretary Sir Chris Hormald to implement the changes.
The rules mean that the economic impacts of the proposals will be subjected to the same strict evaluation that is already applied to new public expenses.
But Downing Street acknowledged that the new requirement does not necessarily block all policies that damage growth.
The official spokesman for the Prime Minister said: “Decision making will continue to be for the cabinet; We will not prevent government decisions.
“The issue is the impact of growth, the accredits for growth must be presented – it must be presented very similar to the public consequences for costs – so that when reaching a collective agreement, it is very clear what the impact of these solutions on growth will be.”
Shadow Chancellor Mel Street claims that “the largest barriers in front of growth” are Sir Keyer, Da Reeves and their financial plans.
Before Wednesday’s speech, D -N -Street said: “The growth messages in the 2030s will quickly combine nothing to help business reduce jobs right now due to the criminal tax of labor, with companies being crushed under their own Baria of new provisions, or farmers facing bankruptcy about the brutal family farms tax. “