As UK economics editor, my life for the last week has felt a lot like surrealist movie Being John Malkovich — but with Rachel Reeves in the central role.

Rachel Reeves sends message to Sadiq Khan as London mayor opposes Heathrow expansionSource: BBC Radio 4

Rachel Reeves grilled on past opposition to airport expansion over environmental concernsSource: BBC Breakfast

Margaret Thatcher comes across as surprisingly sympathetic in Channel 4 drama Brian and Maggie – but why are Labour repeating her mistakes?

Rachel Reeves is set to publish a tax return, in a U-turn hours after saying she did not have any plans to do so. A Treasury spokesperson indicated that Ms Reeves will release the details on her taxes, and Downing Street has confirmed that the Prime Minister will do the same.

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After six months of talking down the economy and warning of tough times ahead, the UK chancellor Rachel Reeves has changed her tune. She is now much more optimistic about Britain’s economic prospects and has announced a raft of measures including major pension reforms designed to unlock cash to boost growth and productivity.

For years the biggest enemy in the economic life of the UK was short-termism — a term hurled around like a rude word, often prefixed with “chronic” for good measure. But this morning as I listened to the chancellor speak from a Siemens factory in Oxfordshire,

Heathrow's third runway could be built and in use by 2035, Rachel Reeves has signalled. Asked for a timeline on the plans, which she backed on Wednesday, the Chancellor told BBC Breakfast: "We want to see spades in the ground in this Parliament.

The result? A rejection on technical grounds as apparently the limit for National Wealth Fund funding is £25 million, I was told earlier this month . Such an easy win – for Scotland, the local community and politically, for both UK and Scottish Labour.

Labour’s ambitions for a more pro-growth, pro-business agenda mark a positive shift, at least in tone. But actual, visible, tangible growth depends on execution. This in turn depends on private sector money, overcoming bureaucratic hurdles, and cutting the Brexit red-tape that continues to hamper trade with the EU.