Reeves could make an announcement on airports next week in a speech, the understands.
When asked on Tuesday about whether she supports a proposed third runway at Heathrow, Reeves said: “What I would say is this government is absolutely committed to growing our economy and making this a great place for businesses to invest and trade in.”
Reeves will arrive in Davos later on Tuesday for the World Economic Forum, where she will say that the UK is “on the up” as she meets business leaders and investors from around the world.
A government spokesperson told the it does “not comment on speculation” but that the government is “determined to get our economy moving and secure the long-term future of the UK’s aviation sector”.
They added: “All expansion proposals must demonstrate they contribute to economic growth, which is central to our Plan for Change, while remaining in line with existing environmental obligations.”
The push for growth has become more urgent after international markets cast doubt on the credibility of the UK’s economic plans, with UK borrowing costs soaring and the pound falling.
