Chancellor backs third runway for Heathrow

Chancellor of the Exchequer, Rachel Reeves, in a wide-ranging speech aimed at boosting the UK economy said the government backs the development of a third runway at London/Heathrow Airport. In the January 29, 2025 speech, Reeves stated: “I can confirm today that this government supports a third runway at Heathrow. I have always been clear that a third runway would unlock further growth, boost investment, increase exports, and make the UK more open and more connected.” Reeves said the UK