Heathrow gets the nod for expansion

The Airports Commission says a third runway at Heathrow is the best option for Britain.

15-7-2-plane-634

Air traffic over southwest London could be about to get busier

After three years of deliberation, the Airports Commission, chaired by Sir Howard Davies, has said that a third runway at Heathrow is the best way to expand southeast England's airport capacity, offering "the greatest strategic and economic benefits". The project, expected to cost £18bn, could be completed by 2026, adding £147bn to the economy over 60 years.

However, a second runway at Gatwick remains "a credible" option. It urged the government to reach a decision quickly. Last year, Heathrow lost its position as top international passenger hub to Dubai.

What the commentators said

Bolstering this key national infrastructure won't suit those who live under the flight path, but they have been unhappy with it since the 1940s. As long as strict noise and time restrictions are observed, as the report recommends, this is the right result.

The ball is now in the government's court, said John Longworth, director-general of the British Chambers of Commerce. "If ministers duck this decision, and delay airport expansion for another generation, British business and our overall competitiveness will pay the price." But duck it they probably will.

Witness "the mystifying spectacle of ministers keeping at arm's length" a £20m, three-year report that they asked for, said Sam Coates in The Times. The problem is that the Tories expected to be able to come to an agreement with the Lib Dems, who were anti-Heathrow, while Nick Clegg was pro-Gatwick. Heathrow could have been ditched in favour of Gatwick, "and both sides would have been happy to let the Lib Dems take both the credit and the blame".

Now, with the Tories governing alone, all the "factions and divisions" within the party have surfaced, said Robert Lea in The Times. Get set for a long wait, said the Daily Mail's Laura Chesters. British Airways boss Willie Walsh says he doesn't think the Heathrow expansion will happen in his lifetime because "politicians have not been brave enough to make a decision".

Recommended

High house prices are bad news for us all
House prices

High house prices are bad news for us all

UK house prices are rising at their fastest rate in 15 years. John Stepek breaks down why.
7 Dec 2021
Why Britain should join the race to corner the cannabis market
UK Economy

Why Britain should join the race to corner the cannabis market

Germany’s government is to legalise cannabis – but Britain risks getting left behind in a growing new industry, says Matthew Lynn.
5 Dec 2021
How should we go about “levelling up” Britain?
UK Economy

How should we go about “levelling up” Britain?

“Levelling up”, long a mantra of Boris Johnson’s government, now has a minister and a department in charge of delivering it. But will they succeed?
4 Dec 2021
Coronavirus has had less of an impact on UK property than you might think
Property

Coronavirus has had less of an impact on UK property than you might think

The UK property market looked to have been turned upside-down as people abandoned city flats to work from more spacious homes in the country, while of…
29 Nov 2021

Most Popular

Three safe bets on the growing online gambling sector
Share tips

Three safe bets on the growing online gambling sector

Professional investor Aaron Fischer, creator of the Fischer Sports Betting and iGaming ETF, picks three of his favourite online gambling stocks.
29 Nov 2021
Making sense of the new minimum pension age rules
Pensions

Making sense of the new minimum pension age rules

The rules surrounding the minimum age at which you can start tapping into your retirement savings have been tweaked, but are still confusing. David Pr…
23 Nov 2021
Bubbles grow in global property markets as house prices continue to rise
Property

Bubbles grow in global property markets as house prices continue to rise

House prices grew by 6% in the year to mid-2021 in 25 global cities, with the German property market in particular showing signs of overheating.
3 Dec 2021