News & Insights: 02/02/2025
ICYMI - Nvidia records largest market cap loss in US history, new appointment at BNP Paribas Real Estate, as Chancellor Reeves calls for a controversial third runway at Heathrow
In today’s newsletter, Energy & Infrastructure Moves understands through sources at the Financial Times that British Chancellor of the Exchequer Rachel Reeves has expressed strong support for the construction of a third runway at Heathrow Airport.
Chancellor Reeves is said to believe this expansion is “badly needed” to boost the UK’s economy by enhancing connectivity and creating new growth opportunities. Reeves highlighted that the project could increase the UK’s GDP by 0.43% by 2050 and create over 100,000 jobs.
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