General · 6 hours ago
Heathrow investors may pull out if runway not approved soon
Photo by Niklas Jonasson on Unsplash
Heathrow's chief executive warned that financial backers of the £33 billion third runway scheme cannot wait forever for Prime Minister Andy Burnham's approval. Major shareholders, such as the Qatar Investment Authority, will reportedly determine in the new year if they should put forward a formal planning application. The airport intends to secure planning permission by 2029.
Reported by Independent · How we write briefs