Breaking: CHANCELLOR CONFIRMS GOVERNMENT BACKING FOR THIRD RUNWAY
The Chancellor Rachel Reeves has, as expected given the green light for a third runway at Heathrow airport.
In a major speech today about government investment plans, she said the last full runway in Britain had been built in the 1940s and there had been “no progress in 80 years” – so a third runway was “badly needed”.
She said an expansion could create more than 100,000 jobs and increase trade opportunities.
“I can confirm today that this government supports a third runway at Heathrow and is inviting proposals to be brought forward by the summer,” she said.
“We will then take forward a full assessment through the airport national policy statement.
“It will ensure that a third runway is delivered in line with our legal, environmental and climate objectives.”