The Government has announced its support for a new runway at Heathrow.
The scheme will now go-ahead for consultation in the New Year.
Transport Secretary Chris Grayling said: “I am proud that after years of discussion and delay this government is taking decisive action to secure the UK’s place in the global aviation market – securing jobs and business opportunities for the next decade and beyond.
“A new runway at Heathrow will improve connectivity in the UK itself and crucially boost our connections with the rest of the world, supporting exports, trade and job opportunities.
“This isn’t just a great deal for business, it’s a great deal for passengers who will also benefit from access to more airlines, destinations and flights.”
The third runway will be funded with private sector cash from Heathrow Airport Ltd.
The airport has also pledged to spend £700m on noise insulation for nearby properties.
Paul Drechsler CBE, CBI President, said: “A new runway at Heathrow is really fantastic news, especially as the country has waited nearly 50 years for this decision.
“With contracts to tender for, apprentices to recruit and supply chains to build, this decision must be taken forward swiftly, giving businesses the confidence to invest.
“Our aviation capacity is set to run out as early as 2025, so it’s crucial we get spades in the ground as soon as possible to reap the benefits for jobs and growth, precisely when the country needs them most.”
from Construction Enquirer http://www.constructionenquirer.com/2016/10/25/government-approves-heathrow-for-airport-expansion/
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