United Kingdom Industry News

08/02/2010

Builders Miss Out As Runway Scrapped

Construction firms are in for disappointment with news today that a mooted building project will not now take place.

Gatwick Airport's new owners say they have no plans to build a second runway at the West Sussex site.

Gatwick Chairman Sir David Rowlands said there was "not a shred of interest" in a second runway.

He also talked about the overall future of the airport with members of the Gatwick Area Conservation Campaign (GACC).

GACC Chairman Brendon Sewill said the comments should kill off speculation and "a lot of uncertainty and anxiety".

- - - - - - Advertisement - - - - - -

During the meeting, Sir David said: "The simple fact is that we at Gatwick have not a shred of interest in a second runway.

"It's not Government policy and it's not in our policy.

"Even if the government started to look more favourably at the prospect, we would have to think very hard about spending £100m to £200m on a planning application with an uncertain decision.

"We would have to look even more carefully at the economic value of a multi-billion pound project - would there be a commercial return?"

The united stand by local people, by the local MPs and by all the local councils across helped to produce this result.

Gatwick's ownership passed from BAA to US-based investment fund Global Infrastructure Partners (GIP) in December 2009.

Following the sale, the GACC and other groups feared the new owners would pursue plans to build a second runway despite the airport having a long-standing agreement with West Sussex County Council not to do so before 2019.

(BMcC/GK)
Bookmark and Share

Top Stories
30/07/2010
Fines Follow Worker's Death Fall
30/07/2010
New Leisure Centre Approved For Lewisham
30/07/2010
Morgan Sindall Completes College Contract
30/07/2010
Shepherd Graduates To Liverpool Uni Contract
30/07/2010
Sisk Scoops £13.8m Co-Op Distribution Project
30/07/2010
Benoy Secures Major Contracts In India
30/07/2010
Changes To National Qualifications In The Glass And Related Industries
30/07/2010
Rockwool Helps Woods Estate On Low Carbon
29/07/2010
Connaught Secures £15m 'Emergency Funds'
29/07/2010
Quarry Fined After Loader Overturns
Construction News Archive
Submit News Story
Editorial Staff
Fines Follow Worker's Death Fall
New Leisure Centre Approved For Lewisham
Morgan Sindall Completes College Contract
Shepherd Graduates To Liverpool Uni Contract
Sisk Scoops £13.8m Co-Op Distribution Project
Benoy Secures Major Contracts In India
Changes To National Qualifications In The Glass And Related Industries
Rockwool Helps Woods Estate On Low Carbon
Connaught Secures £15m 'Emergency Funds'
Quarry Fined After Loader Overturns
Free Information To Be Given To Home Buyers
House Prices Drop By 0.5%

Combined Forces Launch Anti-Taliban Operation
'Radical' Benefits Reforms On Way
Former Politicans Lose Appeals Over Expenses
BA Lose Millions To Strikes And Volcano
Funding Boost For Flood Risk Assessments
Supplements 'Linked To Risk Of Heart Attack'
British Man's Spanish Stab Death Probed
Babysitters Jailed Over Toddler's Murder
Fixed Retirement Age To be Scrapped
Tobin Questioned Over Sex Crime
Radcliffe Child Heart Surgery Should 'Remain Suspended', Says Report
Cameron 'Not Sure' He Would Be PM
Teenager Drowns At Blackpool Beach
Other News In Brief
Irish Construction : (www.build.ie) | Scots Construction (www.buildscotland.co.uk) | UK Construction (www.build.co.uk)
Site Map | SelfBuild | Webmaster Resources | Log In
UK Construction Jobs | Scots Construction Jobs | Irish Construction Jobs | UK Construction News Archive | Irish Construction News Archive
UK Construction News RSS Feed | Scottish Construction News RSS Feed | Irish Construction News RSS Feed | Irish National News RSS Feed
Flagship Media Group Ltd
48-50 York Street, Belfast,
BT15 1AS, Northern Ireland
Tel (+44) 28 9031 9008
Contact : Click here

keycons003 / keycons003x32 01/08/2010 09:30:14 / A1 / B4 / 0.015625, 38.107.191.105

Builders Miss Out As Runway Scrapped - Construction firms are in for disappointment with news today that a mooted building project will not now take place.