What are the infrastructure projects expected to be backed by Rachel Reeves?
What are the infrastructure projects expected to be backed by Rachel Reeves?
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Chancellor Rachel Reeves is due to support a number of major infrastructure schemes in a speech on growth on Wednesday. Here is a summary of some of the schemes that could be mentioned:. – Heathrow airport. Heathrow airport in west London wants to build a third runway to raise capacity and boost resilience.
The scheme would have a major impact on the local area, with hundreds of homes demolished and villages such as Harmondsworth and Longford likely to be partly or wholly demolished. The plans received parliamentary approval in June 2018, but the airport would need to apply for a Development Consent Order to go ahead with the project.
There is no timeline for when a third runway could open, but it is likely to be well into the 2030s. – Gatwick airport. Gatwick airport in West Sussex wants to bring its second, emergency runway into routine use for take-offs by smaller aircraft, providing a major boost in capacity and resilience.
The project would involve widening the runway by 12 metres. The airport says construction could start this year and be completed by the end of the decade. Transport Secretary Heidi Alexander is expected to make a final decision on whether to approve the scheme by February 27.
– Luton airport. Luton airport in Bedfordshire wants the limit on its annual number of passengers to be raised from 18 million to 32 million. This would involve expanding its existing terminal and building a second terminal. The scheme would not require a new runway or flight paths.