People affected by the proposed third runway at Heathrow will receive an "exceptional compensation" package, the airport's boss has pledged.
– Heathrow chief executive Colin Matthews
We are committed to treating those most affected by a third runway fairly. Since the previous runway plan was rejected in 2010 we have listened to ideas for how we could improve our proposals.
People have told us that we should provide more generous compensation and go further in insulating homes against noise.
We recognise that the expansion of Heathrow deserves an exceptional compensation scheme. That's why we're going further than statutory schemes or Government guidance. People will receive fair compensation in the event that Heathrow expansion goes ahead.
Heathrow's bosses have pledged to allocate £550 million for noise insulation and property compensation for local people.