The Government’s approval of plans for a third runway to be built at Heathrow airport have been met with an array of mixed responses ranging from MP resignations, to threats of legal challenge from environmental parties, but ultimately the construction industry approves of the plans.
Commenting on the announcement, Paul Drechsler CBE, president of the Confederation of British Industry (CBI), said: “The Prime Minister’s green light to expand the UK’s aviation capacity comes as an enormous relief to firms in every corner of the country.
“A new runway at Heathrow is really fantastic news, especially as the country has waited nearly 50 years for this decision. It will create the air links that will do so much to drive jobs and unlock growth across the UK, allowing even more of our innovative, ambitious and internationally focussed firms, from Bristol to Belfast, to take off and break into new markets.”
While the Government’s approval clearly gives the plans to expand the West London airport substantial support, many believe the plans will still not materialise, and if they do, passengers may not be taking off from the new runway until as late as 2030.
Nonetheless this announcement comes as a much-needed boost to the construction industry with the 75,000+ jobs that it is predicted to create over the next couple of decades and further business implications of the improved aviation capacity greatly welcomed.
Mr Drechsler continued: “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.
“Pressing ahead with key infrastructure projects like this will provide not only a welcome economic stimulus, but will show the world that we are well and truly open for business as we negotiate our exit from the EU.”
