
The U.K. Treasury chief announced on Wednesday that the new Labour government is supporting the construction of a third runway at London’s Heathrow Airport. The decision is seen as a move to enhance the country’s long-term economic growth potential.
In a speech, it was emphasized that the construction of an additional runway at the U.K.’s primary airport is crucial for the nation's economic development. The government is now seeking proposals for the construction project, with a full assessment to be conducted after the summer.