• Largest Private Investment: Heathrow is launching its largest-ever, multi-billion-pound private investment program to upgrade and expand its facilities.
• Third Runway Plans Advancing: The airport will submit its proposals for a third runway to the government in the summer of 2025.
• Commitment to UK Industry: Heathrow has signed the UK Steel Charter, committing to using UK-made steel and supporting a nationwide supply chain.
• Comprehensive Modernization: The investment will focus on upgrading terminal infrastructure, improving passenger experience and punctuality, and enhancing sustainability.

Heathrow Airport is embarking on its largest-ever private investment program, launching a multi-billion-pound plan to upgrade and expand the “UK’s Gateway to Growth.” This exciting, privately funded initiative comes with strong government support and signals a new era of modernization and economic opportunity for the entire United Kingdom.

In a major announcement, Heathrow CEO Thomas Woldbye confirmed the airport is moving forward with ambitious plans that include significant upgrades to Terminals 2 and 5, enhancements to the airfield to improve punctuality, and a strong focus on sustainability. This investment will ensure Heathrow remains a globally competitive hub, providing a world-class experience for passengers. A key part of this vision is the development of a third runway, with initial proposals set to be shared with the government this summer.

This once-in-a-generation program is designed to create transformational opportunities for British businesses and industries. In a wonderful demonstration of its commitment to national prosperity, Heathrow has signed the UK Steel Charter, ensuring that UK steel producers will play a central role in this critical national infrastructure project. The plan has been met with widespread enthusiasm from industry leaders, trade unions, and business groups across the country, all celebrating the boost it will provide to UK jobs, innovation, and economic growth.