The UK government is exploring significant expansions in its airport infrastructure, with potential developments including a third runway at Heathrow and a second runway at Gatwick. Chancellor Rachel Reeves emphasizes economic growth, particularly ahead of her upcoming speech at the World Economic Forum. The government maintains that any expansion proposals must align with economic growth objectives and environmental regulations. The urgency for expansion is heightened due to concerns about the UK market's credibility, rising borrowing costs, and the pound's decline, with key decisions expected in the coming weeks.
A government spokesperson said: "We are determined to get our economy moving and secure the long-term future of the UK's aviation sector."
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