Gatwick Airport’s £2.2 billion second runway plan could create thousands of jobs and help “kickstart the economy”, Rachel Reeves said.
In the privately-financed project, the West Sussex airport will move its emergency runway 12 metres north, enabling it to be used for departures of narrow-bodied planes such as Airbus A320s and Boeing 737s.
This will enable it to be used for about 100,000 more flights a year.
The Chancellor said: “This government promised to kickstart the economy – and we are.
“A second runway at Gatwick means thousands of more jobs and billions more in investment for the economy.”
Reeves views the plan as a signal of the government’s commitment to back “the builders, not the blockers”.
She said: “By slashing red tape and transforming the planning system to get Britai