Transport
Treasury: Heathrow Airport Expansion: Economic Growth outside London
“When the Chancellor announced her support for Heathrow expansion last year, she claimed that it would deliver 0.43% GDP growth. The Heathrow expansion national policy statement snuck out last week predicts a 90% reduction in that figure to just 0.05% growth; what little growth there might be will largely be sucked out of other parts of the country, such as Birmingham and Manchester. Will she now finally admit that Heathrow expansion is not the grand growth plan she thought it was, and that it will hurt areas outside London the most?”