+++ HEATHROW THIRD RUNWAY APPROVED +++
+++ OFFICIAL +++
Julian Bray writes: After a number of well placed leaks early this morning, a government notice was rushed out, confirming the third runway for Heathrow. Transport Secretary Chris Grayling drew the short straw to deliver the government line.
The official notification will be to Parliament in a Commons Statement later today.
We can expect an avalanche of legal challenges from areas and communities due to disappear under the tarmac.
In fact, it's suggested Heathrow and the surrounding M25 road network might not be fully open for business for another fifteen years.
It is also expected that Gatwick will in any case press on with its own privately financed runway project and that could be up and running before Heathrow!
We live in interesting times.....ideally both Heathrow and Gatwick should expand. That alone will temper the Heathrow project as profitability projections will have to be revised. But then who would ever sanction that?
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