heathrow which third runway at heathrow which he says could create 100,000 jobs. now, time the news. with the announcement of a new runway at heathrow airport and growth corridor between oxford and cambridge. to boost the economy. claiming it could now be a national security risk. has just given a major speech on her plans to grow the country's economy.

let's get straight to the main points. moving onto gdp, the chancellor says the government has changed course on public investment, spending 2.6% of gdp on average growth corridor could add £78bn to the size of the economy by 2035. our business correspondent theo leggettjoins us from heathrow now. the deadline for proposals to get a new runway at heathrow is this summer.

he had been this for 20 years, significant is 20 years, how significant is this 2, and jobs? this for uk exports and jobs? it is a statement ; " intent bdt it is unlikely ' " intent bdt it is unlikely to of intentrbutit isunlikely to rewards for some time, it a colossal project 7 a colossal project expected cost e. :: "":::' ire??? 27—2424 ’ * ........,. "' *" cost somewhere e. 5: "":::' ire??? ;——;-�*~;4 7 * ~~~~fl ... 7'— cost somewhere in to cost somewhere in the original £20 billion, $25 billion. it requires an awful lot of work, including the of some houses, a destruction of some houses, a motorway put in a tunnel, the construction of a new terminal and it may be the new runway those wriiés'ewfqrépbssis w www w w wriiéswewfqréplssis inww w w w w wriiéswewfqrépkssis inwtwhewww w w w w wth�*wiwewproposans inwtwhewww w w w w wth�*wiwjuswtwoposans inwtwhewww w w w w wthw�*wiwjuswt 1,535,515 inwtwhewww w w a wwwwawplaaniiwntwwwww w w wwwwawplaaniiwntwprchwedurew w ww wwawplaaniiwntwprchwedurew go ww that a planning procedure to go and legal challenges through and legal challenges which could cause further delay when you get spayed the —7 777 w www it is a seven—year ground it is a seven—year project so this w about where the to go and how government wants to go and how is open for investment and it is open for investment and wanting to focus on gross and

business, but the rewards are businesst but the rewards are way businesst but the rewards ere way down businesst hat the rewards are way down the line. —— so way down the line. —— focus on growth. by the time they are 20. do you think the chancellor has the scale of the andeeftmated the "a'e ef the , ~ w , ~ and jdeertmated the male et the — ~ ——— — —— and environmental mention? i challenges you mention? i think she has to _ challenges you mention? i think she has to be _ challenges you mention? i think she has to be very _ challenges you mention? i think she has to be very well- challenges you mention? i think she has to be very well aware i she has'td be'very we�*d aware because she has'ta be'very we�*d aware because as you said in of them because as you said in �* introduction, this project been on the table for the has been on the table for the best part of two decades. a previous labour administration, previous labaur administratien. 2009, threw previous labour administration. 2009, threw weight previous labour administration. 200 a threw weight previous labour administration. 200 a third v weight previous labour administration. 200 a third runway ght previous labour administration. 200 a third runway att behind a third runway at and nothing happened. heathrow and nothing happened. was an airports in 2015 that commission in 2015 that recommended third runway at as wwwwwwwwawswtwhéww ww w w wwwwwwwwawswthewsoqutionwwww w wwwwwwwwawswthewsoqutionwwto w heathrow as the solution to in britain's skies congestion in britain's skies and on the ground but nothing wwwhaprewnedw.wwwwww w w wwwiwiawprewnedw.witwwww w w wwwhaprewnedw.witwiswww w w wwwhaprewnedw.witwiswinw w w w w haprewnedw.witwiswinwoffiwcial w w ww hawprewntw pwowlichwinwoffiwcial w w ww hawprewntw pwowlich iwnwiwoffiwcial w w ww hawprewntw pwowlich iwnwwdritawin. w government policy in britain since 2018, but nothing has since 20115, but nothing has all through happened. all the way through this there have been legal challenges, including one to

the supreme court abroad by environmentalists and the environmentalists and the environmental argument environmentalists and the environmentalargument a egvironmental argument is a one that ggvironmental argument is a one that you very powerful one that you should not be encouraging the expansion of aviation at a you are trying wwwww you are trying to cut when you are trying to cut emissions and meet a net zero target of 2050. it is impossible the does know the wwwthkathewiiiaw wwwwkalqwthewiiiawonwww know the kind of opposition not know the kind of'oooosition is to face and the 725 w olewethwawwlww w olewethwawwlwhurdles oleegawwl hurdles that will kind of legal hurdles that will have to be gone through and thatis have to be gone through and that is what makes it if you a powerful statemewnt. there irful statemewnt. she there has statemewnt. she there has been mewnt. she there has been faiqure she there has been failure in e says there has been failure in the past, this proposal has wwww on the for a very been on the table for a very long time. now she thinks she wget down and get it done. will get down and get it done. right, thank you. much of her talking about net to zero and economic growth hand in hand. expanded, but it must be done with the transition

and that would mean increasing the scope to the rest of the country. in the next 30 to 50 years. i very much hope that we can engineerfuels be scaled up properly. the sort of thing that the uk could work on.

more that interview on talking business this weekend more that interview on tal bbc business this weekend more that interview on tal bbc news. ;s this weekend great have back because this morning you are for morning you are looking for big bold symbols from this very did w did you get w w did you get them?w speech, did you get them? if you think about what the ww w the time the the absohite cehtrai become the absolute central priority but this element of bravery, no one is suggesting you wouldn't bet the best to reach for these big things to reach for these big but the definition of signae but the definition of omission of this, to be the omission of this, to be brave on growth. it the omission of this, to be brave on growth. when it came to we brave on growth. when it came to _ we just _ brave on growth. when it came to _ we just had - brave on growth. when it came to _ we just had the i to heathrow, we just had the london mayor coming out against

london mayor comingoutagainst stood for you? its, london mayor comingoutagainst : heathrow or you? fix, london mayor comingoutagainst : heathrow or our ? fix, mixture, heathrow is our big international airports that stood out but the from stood out but the sense from the that skills and the chancellor that skills and innovation and a sense of place are equally important and making the industry strategy work is important. it is not about that, i think she just about that, i think she has really tried to spell out 72: thew too so the what the priorities too so the stood out for me. what the priorities too so the - stood out for me. balance stood out for me. there was a focus _ balance stood out for me. there was a focus on _ balance stood out for me. there was a focus on - with - was a focus on trade with and resetting america, india and resetting relations with the eu, a lot of talking points coming out of she said there, did what she said there, how did that do you your , tt ti your members? this is one of the big the borders right questions of the borders right there's a bigger now, there's a bigger between america, translation between america, the eu the uk. tariff is the el! and the lie. tatifi lei of the el! ehe the lie tetitt is of the the el! ehe the l!e tetitt is of the things and one of the big things and’ ’" mines ene et the big things snet’ ’" mines the moment. peopte'smineeat the moment. goes way beyond eo .e'smineeat the moment. f' goes way beyond to eo .e sn�*o’neeat the moment. f' .

goes way beyond to say it goes way beyond that to say the more they can roll the and thew and thveact w w gm; thveawthwthawt w w and thveact that they pitch and the fact that they willing to roll up their and take some of these sleeves and take some of these trade—offs that might have trade—offs that you might have between the us and the eu w— w to hear, want businesses want to hear, want hear governments are places to hear governments are places in the same way that businesses in the sameflway that businesses taken over it. in the samegwa that businesses have taken over it. ”that sees. as wthawt w w w that you w w thawtyowu are w w that you are very w wthawtwyowu are very happy like that you are very happy from the of tone. from the change of tone. however, we have seen a power strip gets a power however, we have seen a power strip ge major dwer however, we have seen a power strip ge major currencies other against major currencies other charters such as speaking, therters sueh as speaking. a eharters seeh as speaking; ~~ ... a lack of confidence suggesting a tacksof confidence the uk's plans,... she to kick—start but it like the the world is quite rest of the world is quite dubious about her plans. this is a -iob. _ dubious about her plans. this isa-iob. - be- dubious about her plans. this| is a -job, - be honest the countries is it is not all difficult. it is not all about or policy. fiscal or industrial policy. some of them are bad signals to investors, some them about investors, some of them about the stability of the monetary some of them w some of them about system, some of them about signals to investors. �* the uk

�*the uk in deciding basket for the b'krin deciding invest we are trying buythem w w buy them off w buy them off one w buy them off one by w buy them off one by ownewand to buy them off one by one and the will know that the government will know that cannot do it all at once. they cannet do it all at ante... . ~ .... . . ., price moved they cannot do it oll at onto... . ~ .... . . ., price moved up on they cannot do it sit at qi�*tgg—t” . ~ ~~ . . ~ price moved up on lots they cannot do it all at qi�*tgg—t” . ~ ~~ . . ~ price moved up on lots of the price moved up on lots of different days for different aifierefifaaae tef elfiefeht i alfierefifaaae tef elfiefeht i would not want to be alfierefifaaae tef elfiefeht off would not want to be alfierefifaaae tef elfiefeht off the ld not want to be alfierefifaaae tef elfiefeht off the growth rant to be alfierefifaaae tef elfiefeht off the growth of it to be alfierefifaaae tef elfiefeht off the growth of course blown off the growth of course because individual focus jetauee gay- dwawy.ww wéiiddidwwww w ww dwawy.ww wéiiddideweww w ww individual day. we should be are tracking over and over are tracking it over and over paid we should be looking a paid and we should be looking a lot more at the business investment rate. that is the one we need to be on. one we need to be focused on. thanks for us. us officials are considering the national security firm deepseek, according to white house press secretary karoline leavitt.

firm 0penai to get better. i mean, at the end of the day, this is a chinese company government rules as far as data is concerned. so there is obviously those questions of, you know, so that is, you know, something that we need to keep in mind. but there are also other concerns as well. there are sort of, as you mentioned and touched on, as well in order to sort of create this model.

defending the technical edge that they do have. starbucks has reported a smaller—than—expected fall turnaround continues. the firm's global sales fell li% in the first quarter, which was better than most analysts were expecting. starbuck�*s fortunes. to paying customers. in seattle on a corporate jet. part of ceo brian niccol�*s massive task of reversing declining sales and traffic. one of which is that customers

will now have to make other changes include a new code of conduct, and has previously said that more job cuts it's the latest chapter in niccol�*s quest to rescue and this all comes as the coffee chain announced more work needs to be done. chipotle mexican grill. on the uk's growth plans on the bbc but ilis

us here business today. from us here on business today, that's it, you are up—to—date.

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