The expansion of Heathrow is highly controversial and faces opposition from environmental groups, some politicians, local authorities and nearby residents.
Some have argued that it will take much longer than a decade for a third runway to become reality.
A formal planning process has to take place, which could take between 18 months and two years. Any judicial review of the plan could take another year and a half, while actually building it could take about seven years.
Reeves has said she wants to see “spades in the ground” before 2029 and planes to start using the runway by 2035, but Mr Woldbye has previously warned the project would take years and need “Churchillian resolve” to deliver.
In his speech, the Heathrow boss will say the airport’s expansion plans will be carried out with “strict environmental safeguards”
“This project can only go ahead if we meet the rules on noise, air quality and carbon… it’s as simple as that,” he will add.
“I want to assure you that we are committed to listening and working with our local communities to provide them with the certainty they deserve, ending years of doubt.”
Heathrow currently handles £200bn worth of trade a year and provides a key avenue for exports, particularly for small and medium-sized businesses.
But Heathrow’s infrastructure is strained: last year, a record 83.9 million passengers passed through its terminals with its two runways handling around 1,300 landings and take-offs every day.
Flights from the airport are currently capped at a maximum of 480,000 per year and in practical terms it has reached that limit. A third runway would potentially increase the number of flights permitted to 720,000.
Tranzaura Group has acquired fleet software provider Truckfile for an undisclosed sum to expand its footprint in the UK fleet market. Transport technology fir
The British economy is on course to expand by 1.5% this year after the budget gave a boost to public spending but could be blown off course if Donald Trump goes
British drivers' enthusiasm for electric cars, and the absence of tariffs imposed elsewhere in Europe, represents "a big opportunity" for Chinese
The UK economy will grow by 1.5% in 2025, according to a thinktank forecast, which said this would be fuelled by measures announced in the autumn budget. Th