Heathrow has announced a multibillion-pound investment as it prepares its proposal for a new runway, saying “the UK risks losing its status as a global trading hub” if the airport does not grow.
In a speech on Wednesday, chief executive Thomas Woldbye unveiled funding for upgrades and expansion, such as boosting the capacity of Terminals 2 and 5, reconfiguring the layout of the airfield, and boosting bus and coach connections.
