Govt backs Heathrow expansion to boost economic growth
Video Credit: ODN - Duration: 02:29s - Published
Govt backs Heathrow expansion to boost economic growth
The Government will back a third runway at Heathrow Airport as it looks to go “further and faster” on growth, the chancellor has announced.
In a speech in Oxfordshire on growth, Rachel Reeves said the west London airport’s expansion is “badly needed” because “for decades its growth has been constrained”.
Reeves stated that a third runway could increase potential GDP by 0.43% by 2050 and create more than 100,000 jobs.
Heathrow’s plan to build a third runway received parliamentary approval in June 2018, but has been delayed by legal challenges and the coronavirus pandemic.
Report by Faragt.
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Chancellor Rachel Reeves has backed Heathrow's latest plans for a third runway, saying it's "so important" for Britain to "trade with countries around the world". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Heathrow has submitted its latest plans for a third runway at Europe’s busiest airport. The total cost, including new terminals and infrastructure, will be £49 billion pounds. The airport says expansion will create up to 40,000 new jobs and add 0.43% to the UK’s GDP by 2050. However, the plans will face fierce opposition from locals, politicians and climate campaigners. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Dr Caterina Brandmayr, Director of Policy and Translation at the Grantham Institute, says Heathrow Airport's expansion would make it "very challenging for the aviation sector to decarbonise", potentially impacting the government's current net zero targets. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Justine Bayley says she has not been offered any compensation from the government over Heathrow's expansion, but fears a third runway would mean that she will need ear defenders "every time I open the front door". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Justine Bayley, who has actively campaigned against plans for a third runway at Heathrow for more than ten years, says village communities will be "destroyed" if the airport's expansion goes ahead. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Rachel Reeves has asserted that she is "confident" that her plans for Heathrow expansion will find the right balance between sustainable aviation and economic growth. This comes a day after the..
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Government cabinet members arrive for the weekly cabinet meeting at 10 Downing Street amidst questions of Heathrow expansion, economic growth and extremism laws reform. Report by Faragt. Like us on..