Heathrow Airport plans £14 billion third runway expansion
Heathrow Airport plans £14 billion third runway expansion

Heathrow Airport plans £14 billion third runway expansion

News summary

Chancellor Rachel Reeves announced government support for a third runway at Heathrow Airport, asserting that it could boost the UK economy by increasing capacity and potentially contributing 0.43% to GDP by 2050. The £14 billion expansion plan has faced opposition from environmental campaigners and local residents due to concerns over increased noise and pollution, with critics arguing it primarily serves a small group of frequent flyers. Despite the backing, the construction of the runway is expected to take at least a decade, making immediate economic benefits unlikely. London's mayor, Sadiq Khan, and several Labour MPs have also opposed the expansion, citing climate emergency concerns. Proponents, including some business leaders, argue that the expansion is essential for maintaining global business connectivity. The project is likely to reignite debates over its environmental impact and compliance with climate change laws.

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