John Healey has declared that a third runway at Heathrow would be a major driver of UK economic growth, despite Prime Minister Andy Burnham’s continued ambivalence. Speaking in Bangkok, Healey emphasized the project’s role in job creation and economic resilience. The £33bn expansion faces political uncertainty, as Burnham has avoided giving explicit support, calling it a “matter for London” and urging caution after the recent consultation.
Heathrow’s chief executive warned that without Number 10’s backing by year-end, investors may withdraw. The airport projects 100,000 new jobs and GDP growth, with 60% of benefits outside London. Construction could begin by 2029, with partial operation by 2035, though delays have pushed the earliest opening to 2039.
Source: Financial Times Companies · Summarized by HeadlinesBriefing