Chancellor Rachel Reeves used a speech on growth last month to give her support for a third runway at Heathrow.

French President Emmanuel Macron unveiled a $112 billion investment package from the private sector to boost the AI ecosystem in France and Europe.

Woldbye will confirm a multibillion-pound, privately funded investment in Heathrow’s Terminals 2 and 5 will go-ahead while detailed plans for a third runway “are being worked up” when he signs a UK Steel Charter in a ceremony at the steel works.

According to President Emmanuel Macron, foreign and domestic companies in France have agreed to invest a total of €109 billion ($113 billion) in artificial intelligence projects in the country. The investment is part of the European country’s plan to become a competitive hub for AI development,

France is aiming to take a leadership role in the development of artificial intelligence technologies with planned investments by firms totalling over €109 billion ($112 billion), President Emmanuel Macron announced on Monday.