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Manchester United's hopes of building a new 100,000 stadium and regenerate the area where Old Trafford is located have been boosted by the Labour Government as they throw their support behind the Prem
Chancellor has announced that she would be ‘championing’ the project which is forecast to generate £7.3bn annually for the UK economy
Chancellor Rachel Reeves has confirmed the government support for the planned expansion of Heathrow Airport as she unveiled a raft of policies aimed at economic growth
Manchester United chief executive Omar Berrada says creating a "landmark project around Old Trafford" is a "once-in-a-lifetime opportunity" after the announcement of Government support for a project to regenerate the area around the stadium.
CHANCELLOR Rachel Reeves will set out her goals for growth today — backing the construction of Britain’s biggest football ground. The Sun can reveal Manchester United’s plans for a 100,000-seater
Manchester United have received a major boost in plans for the redevelopment of Old Trafford with UK Chancellor Rachel Reeves throwing her support behind the project. Reeves says United’s ambition to create a community hub around the stadium is a “shining example of the bold pro-development model that will drive growth across the region” — in a sign the government is ready to help enable some form of financial backing.
Co-owner Sir Jim Ratcliffe controversially suggested that Levelling-Up funds could go towards redeveloping Old Trafford and the surrounding area. The 71-year-old’s stake in United includes £273million for the redevelopment of the stadium, but that money would not come close to covering the kind of renovation he seeks.
Rachel Reeves has delivered a wide-ranging speech detailing Labour’s plans to promote new developments across the UK. Pledging projects which aim regenerate areas from north to south, the chancellor aimed to promote a central message of economic growth.
The chancellor says the airport is at "the heart of the UK's openness as a country" and a third runway could lead to 100,000 more jobs.
Manchester United's plans to redevelop Old Trafford - potentially building a new 100,000-seater stadium - have been backed by the government.
The government will not fund any of the 'sporting elements' in the redevelopment of Old Trafford, a senior minister has said.