UK government backs Heathrow Airport third runway expansion

British Finance Minister Rachel Reeves on Wednesday announced controversial plans for a third runway at London's Heathrow airport.

. Rachel Reeves, British Finance Minister said  "I have always been clear that a third runway at Heathrow would unlock further growth, boost investment, increase exports, and make the UK more open and more connected. And now the case is stronger than ever, because our reforms to the economy, like speeding up the planning system and our plans to modernize UK airspace, means the delivery of this project is now set up for success. So I can confirm today that this government supports a third runway at Heathrow and is inviting proposals to be brought forward by the summer." 

Britain's Supreme Court ruled at the end of 2020 that Heathrow could build a third runway. The government has already approved upgrades to London's Stansted and City airports. The project would result in less fuel wasted by aircraft waiting to land at the hub west of the capital's center, the Minister added.