Rachel Reeves has announced that families will soon benefit from more affordable vacation options following the approval of a second runway at Gatwick airport. This decision, supported by the Labour government, signifies a commitment to advancing construction projects and promoting economic growth.
The green light for the £2.2 billion privately-funded expansion project at Gatwick, expected to be operational by 2029, marks a surge in major infrastructure approvals. This initiative will lead to an increase of approximately 100,000 flights annually from the West Sussex airport, catering to up to 80 million passengers.
During her recent visit to Gatwick, Ms. Reeves expressed the government’s endorsement of the additional runway, emphasizing the broader scope of travel destinations for holidaymakers and the potential reduction in family holiday costs. She highlighted the job creation and economic boost resulting from this investment, aligning with the government’s stance of supporting construction projects over hindrances.
Several other infrastructure projects have also received approval since the Labour government took office in July 2024, including developments like the Lower Thames Crossing, Mona offshore wind farm, and the Simister Island project in Manchester. With the recent green signal for Gatwick’s expansion, the government aims to surpass its target of approving 150 major infrastructure projects during this parliamentary term under Keir Starmer’s leadership.
Despite the government’s pro-growth planning reforms driving progress, the decision to expand Gatwick has faced criticism from environmental activists. Green Party Co-Leader Zack Polanski raised concerns about the environmental impact and undermining of climate crisis efforts associated with the Gatwick expansion.
Meanwhile, Housing Secretary Steve Reed has emphasized the government’s commitment to accelerating construction projects to create jobs, enhance infrastructure, and provide affordable housing across the country. The government’s proactive approach to infrastructure development has led to the approval of various projects, with more decisions expected in the coming months.
Approved major infrastructure projects so far include a diverse range of initiatives such as energy parks, solar projects, wind farms, road improvements, and airport expansions. The government’s push for infrastructure growth is poised to reshape the country’s landscape and bolster economic development in various sectors.