Following the Airport Commission’s recommendation for a third runway at Heathrow, Savills has forecast that the hotel sector will see demand rise by 42 per cent - equivalent to an additional 3,500 rooms. Savills also reports that the ten year average... Read More
A report prepared for the Mayor says that unemployment will increase by up to 14,000 around Heathrow if the airport closes. If the airport was closed down in 2029 and the site was bulldozed for a major residential development, the number of jobless in the... Read More
With international businesses now playing a key role in the British economy it has thrown into sharp relief the need for higher levels of airport capacity – with London being one area affected by this issue in particular. Several plans have been put... Read More
Select Committee Rejects Boris Island For some time now, speculation has been mounting over the potential construction of a brand new UK Hub airport. Industry experts have argued that Heathrow no longer has the capacity to cope with an ever-increasing number... Read More
Aviation officials in the UK have recently spent a significant amount of time debating the future of the country’s airports. At present many do not believe that Heathrow Airport is able to fulfil its role as Britain’s only Hub airport with the current... Read More
Last summer’s poor weather had a knock on effect in many areas of the UK economy. Drowned crops failed to produce a good harvest leaving both farmers and supermarkets with added costs. In addition widespread flooding led to many businesses being forced to... Read More
China Investment Corporation (CIC), the sovereign wealth fund, has purchased a 10 per cent stake in Heathrow Airport Holdings. The firm which controls the UK’s largest commercial airport also owns other nationwide airports such as Glasgow, Stansted and... Read More
