Heathrow Announces £14 Billion Expansion Plan Including Third Runway
The project, backed by Chancellor Rachel Reeves, aims to boost UK economic growth but faces environmental and community opposition.
- Heathrow's £14 billion expansion plan includes a third runway, upgrades to Terminals 2 and 5, and improved transport links funded entirely by private investment.
- Chancellor Rachel Reeves supports the project as part of efforts to stimulate economic growth, with plans to create over 100,000 jobs and increase flight capacity by 260,000 annually.
- The third runway will require significant infrastructure changes, including tunneling the M25 and relocating parts of nearby communities, with up to 700 buildings potentially affected.
- Critics, including environmental groups and local residents, raise concerns over increased noise, pollution, and the demolition of homes and businesses in impacted areas.
- Heathrow plans to submit the proposal to the government this summer, with the runway expected to be operational in the 2030s, pending approval and compliance with environmental safeguards.