London's Heathrow Airport will submit its proposal for a third runway this summer, the chief executive of the hub said, weeks after the British government threw its weight behind the project citing its potential to boost trade and economic growth.

Multibillion-pound Heathrow investment unveiled ahead of new runway plan - Chancellor Rachel Reeves used a speech on growth last month to give her support for a third runway at Heathrow.

London's Heathrow Airport, one of the world's busiest hubs, will submit its proposal for a third runway to the British government by summer, its chief executive Thomas Woldbye will say in a speech on Wednesday.

Heathrow Airport is set to confirm a multi-billion pound investment plan to expand two of its terminals ahead of submitting proposals for a third runway to the government this summer. On Wednesday, chief executive Thomas Woldbye will unveil funding to increase capacity at terminals two and five,

British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her hunt for economic growth.