It’d see the M25 moved to make room.

It means the competing plan for a shorter runway, as proposed by hotel tycoon Surinder Arora, has been rejected.

Heathrow says the project will be 100% privately financed, through higher airline costs, and no taxpayer money will be used to build the runway or the associated infrastructure.

Heathrow plans to spend £33bn on the third runway and £15bn to upgrade the existing airport.

Alethea Warrington is senior campaigner at climate charity Possible.

With a third runway, Heathrow could receive 150 million passengers a year, up from 83.9 million last year.

The proposal is still subject to the planning process, including consultation and parliamentary scrutiny.