Chancellor Rachel Reeves has indicated she will back expansion of Heathrow via a third runway, plus more development at Gatwick and Luton.
She has previously said: “When the last government faced difficult decisions about whether to support infrastructure investment, the answer always seemed to be no. We can’t carry on like that, because if we do, we will miss out on crucial investment here into Britain.”
Reeves is due to give a key speech on Wednesday (29 January) in which she is tipped to voice her support for Heathrow’s plans.