London City Airport: £344m expansion gets green light from ministers
London News July
The ambitious programme includes an extended terminal, seven new aircraft taxi stands and upgraded public transport links.
London City Airport project estimates to create 2,000 new staff and construction jobs and add an extra £750m to the UK economy per year.
The planning decision has been formally approved by Transport Secretary Chris Grayling and Communities and Local Government Secretary Sajid Javid.
London Mayor Sadiq Khan withdrew his predecessor Boris Johnson's objection to the airport buying the public land it needed to expand in May.
Chancellor Philip Hammond said the investment is a "vote of confidence to the resilience of our economy" and hopes to “strengthen the city’s status at the world’s leading financial centre”.
Mr Hammond said: “London City Airport’s ambitious growth plans would boost international connections, strengthening the City of London’s connections to destinations across the world, sending a clear signal that Britain is open for business.”