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. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
![Govt backs Heathrow expansion to boost economic growth [Video]](https://video.newsserve.net/300/v/20250129/1400189154-Govt-backs-Heathrow-expansion-to-boost-economic-growth.jpg)
