By Jonathan Prynn and Josh Barrie,Rachelle Abbott

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Transport Secretary Heidi Alexander has approved Gatwick’s plans for a second runway. UK chancellor Rachel Reeves has said the privately financed £2.2 bn project will create thousands more jobs.

To find out everything, we’re joined by the Standard’s business editor, Jonathan Prynn.

What are the plans, and is this a win-win for the government in the long-run?

Plus, fancy eating like a mobster? Despite its price-tag, The Standard’s Josh Barrie tells us all about the latest New York import to open in London, Italian-American restaurant Carbone.