London's Heathrow Airport will submit its proposal for a third runway this summer, the chief executive of the hub said, weeks after the British government threw its weight behind the project citing its potential to boost trade and economic growth.

London's Heathrow Airport is planning to build a third runway and carry out a multi-billion-pound expansion of two of its five terminals, its chief executive has confirmed.

U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport.

Heathrow Airport is set to confirm a multi-billion pound investment plan to expand two of its terminals ahead of submitting proposals for a third runway to the government this summer. On Wednesday, chief executive Thomas Woldbye will unveil funding to increase capacity at terminals two and five,

London's Heathrow Airport, one of the world's busiest hubs, will submit its proposal for a third runway to the British government by summer, its chief executive Thomas Woldbye will say in a speech on Wednesday.

Heathrow Airport is poised to confirm plans to build a third runway after Rachel Reeves backed the £20bn infrastructure project.