BDC Magazine
Kenneth Booth
27 Nov 2025
The government has thrown its weight behind Heathrow Airport Limited’s proposal for a third runway, paving the way for a £33 billion expansion to create a new “superhub” at the UK’s largest airport.
The preferred scheme, put forward by Heathrow Airport Limited (HAL), includes around £21 billion for the construction of a new north west runway and a further £12 billion for associated terminal and airfield infrastructure.
In addition to the expansion plans, HAL has committed to investing a separate £15 billion in modernising and upgrading existing airport facilities. This refurbishment programme is independent of the third runway and is expected to go ahead regardless of the outcome of the planning process for expansion...
