World · 1 hour ago
Bankers hired for £3 million to assess Heathrow runway
Raimond Spekking via Wikimedia Commons (CC-BY-SA-4.0)
Approximately £3 million is being spent to hire bankers who will advise on the financial viability of a third runway at Heathrow. The Department for Transport seeks an "experienced banking adviser" for the proposed £49 billion expansion, which includes moving the M25. The hiring is despite Chancellor John Healey's previous strong backing, with Prime Minister Andy Burnham raising doubts.
Reported by Evening Standard · How we write briefs