Rachel Reeves has called on Great Britain to learn from the 'positivity' of Donald Trump to breathe new life into the 'animal spirits' of the economy.
The Chancellor caught a strikingly more positive tone, in the midst of worries about the slow growth and low entrepreneurial confidence. She claimed that 'we have our best days ahead' and 'the roofs should scream' about the strengths of Great Britain while preparing for plans to unchanging growth in a speech on Wednesday.
As part of her attempt to restore the economy, Mrs. Reeves will 'tackle the administrative hassle that slows down the approval of infrastructure projects', including 'extensive and costly' environmental impact reports (EIs).
She will also announce her support for a regeneration project around the Old Trafford stadium of Manchester United.
The redevelopment, which is advocated by mayor Andy Burnham of Greater Manchester, includes housing and commercial activities and comes when the football club discusses planning for a new stadium.
It is clear that the support of the ministers would mean that the redevelopment is being accelerated. A Government Source said that this demonstrates its involvement in the development in the North.
It is expected that Mrs. Reeves will also announce the approval of a third runway at Heathrow, on which the Moss reported for the first time in July – a move that set her up at odds with Minister of Energy Ed Miliband.
In an interview with the Times yesterday, the Chancellor was asked about the 'boosterism' of the US president and whether Great Britain can learn from him. “Yes, I think we need more positivity,” she said. 'I also challenged companies and said that apart from no one else will stand up for Great Britain. It wasn't very British to say.
As part of her attempt to give the economy a boost, Rachel Reeves will 'tackle the administrative hassle that slows down the approval of infrastructure projects'
The Chancellor was asked about the 'Boosterism' of Donald Trump (photo) and whether Groot-Britain can learn from him. “Yes, I think we need more positivity,” she said
It is expected that Mrs. Reeves will announce the approval of a third runway on Heathrow – a step that has taken her at odds with Minister of Energy Ed Miliband (photo)
'We are absolutely fantastic as a country. We have four of the best universities in the world. We have some of the most fantastic entrepreneurs with fantastic ideas. In all sectors that grow worldwide-AI, technology, clean energy-Great Britain has incredible strengths in those sectors.
'We should not apologize for it and we should not all be polite about it. We should shout it from the rooftops. “
The Ministry of Finance has today announced plans to replace 'Environmental Assessments for building houses and infrastructure with a new system'. EAI's, who 'too often support legal challenges instead of the environment', will be deleted in favor of 'simpler' environmental results reports.
The current system 'often means that too many organizations are consulted on a too wide range of issues, which hinders much -needed development, “says officials.
The planning and infrastructure Bill, which aims to get projects approved faster, will be submitted to the parliament in the spring, Mrs Reeves confirmed.
The Chancellor said: 'I fight for our mission every day to give the economy a new impulse. This also applies to roads that others die back for. The answer to new developments has all too often been 'no'. But that has hindered economic growth. “
Shadow Chancellor Mel Stride said: 'We will wait for the details – after all, Labor has a long history of one say and then do the other.
“Despite the promise that she could be familiar with public finances, Rachel Reeves has pushed down the growth and entrepreneurial confidence as a result of her rhetoric and a job destructive budget.”