In a major speech on growing the UK economy, Chancellor Rachel Reeves says she will make Cambridge and Oxford the “Silicon Valley of Europe” and build a third runway at Heathrow Airport - which is now backed by Prime Minister Sir Keir Starmer even though he opposed it in the past. So will Labour deliver? Can Keir Starmer and Rachel Reeves really get the economy firing again? And will it be enough to turn around their recent political woes?

Discussing this and more in this episode of the Fourcast, Krishnan Guru-Murthy is joined by Gillian Tett, Financial Times columnist, and Rupert Harrison, senior advisor at Macro Advisory Partners and former advisor to Goerge Osborne when he was chancellor.

Produced by Silvia Maresca, Calum Fraser, Rob Thomson and Ka Yee Mak.