Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

TheCityUK Responds To Airports Commission Third Runway Report

Date 01/07/2015

TheCityUK has responded to the Airports Commission’s new report, which backs a third runway being built at Heathrow.

Chris Cummings, Chief Executive, TheCityUK, said, "TheCityUK believes that the UK’s place as a global financial centre, its ability to compete in international markets and its export-led recovery could be stifled without additional airport capacity.

"TheCityUK supported the creation of the Airports Commission and its work assessing the UK’s future aviation capacity, including the options for a new runway in the south east of England. There were strong arguments, both economic and social, for the final options but we have reached the point where the Airports Commission’s recommendations should be implemented immediately.

"Expanding airport capacity is necessary to secure the economic recovery, to create valuable jobs and sustain our international competitiveness.  The country simply cannot afford any further delays."