Rachel Reeves has given the green light for a third runway at Heathrow Airport to further invigorate London’s public transport infrastructure. With an estimated completion date of 2035, the project is one of a number that will transform how we get around the capital in a decade’s time. There are also plans for expansion at Gatwick and Stansted airports as well as plans to improve stations and train lines around the capital.

Here are eight public transport projects that will be taking shape over the next 10 years. London’s busiest airport – and Europe’s – could finally get its long-mooted third runway under plans announced by the chancellor, which include ground being broken this parliament. The third runway plans received parliamentary approval in June 2018, despite fierce local opposition, and will now need a development consent order to go ahead.

"We have asked Heathrow to come forward with plans by this summer, and then we want to grant that development consent order by the end of this Parliament, so we can get the diggers in the ground to get this project up and running,” Ms Reeves said. The go-ahead is in defiance of the wishes of Sir Sadiq Khan, the mayor of London, who commented: “I remain opposed to a new runway at Heathrow airport because of the severe impact it will have on noise, air pollution and meeting our climate change targets.”.

What must be the most ambitious, contentious and ultimately underwhelming infrastructure venture of modern times has been the High Speed 2 (HS2) project. After value engineering by the Sunak government, the Labour administration is set to press ahead with the fast link from London Euston to Birmingham Curzon Street. But it has been anything but a smooth journey for this train line, which has run into problems with eco-campaigners and budgets, and has had its scope markedly reduced since inception.

Most recently, Mark Wild, who is in charge of building it, said HS2 is in a “very serious situation” and needs a “fundamental reset”. That said, there has been some progress, with work having started on 158 out of 227 viaducts and bridges and 31,000 people employed across 350 construction sites. TfL said: “A viable funding package is needed to build the Bakerloo line extension. We’ll continue discussions with the Government while being realistic about the funding London could contribute to an extension over the coming years.”.

Two years ago, the cost of the extension to Lewisham was estimated at between £5.2 billion and £8.7 billion at 2021 prices. Estimates suggest this one will be a while in the works and not ready to run until 2040. Work is to start this year on a five-year project to expand the terminal at the Essex airport, which could become the second most used around the capital after Heathrow. If plans go ahead, the Windrush line station would link Surrey Quays and Queen’s Road Peckham.