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19 November 2012 09:22
A study published by Heathrow says the lack of capacity at the airport is costing the UK £14 billion a year
The lack of extra capacity at Heathrow is costing the country £14 billion each year in lost business - increasing to £26 billion a year by 2030 - a new study published by the airport suggests.It may also be costing passengers' money on their
travel insurance due to more delays and missed flight connections. Airport bosses would therefore like to see a third runway built in west London..
The study also said that Britain required one hub airport in order to compete with the rest of the continent, but stressed that having two airports act in this role (dual-hub plan) was not an effective solution. Joining Gatwick and Heathrow airports (Heathwick plan) by a railway was also labelled as "unviable" in the study.
Economics consultants Frontier Economics, which prepared the study, said: "The choice for the UK is not between two hubs or one, but between one hub or none. Only a single airport can operate as a hub in the UK. That leaves three options for the UK Government: It can do nothing and let the UK fall behind its European competitors at the cost of lost growth and jobs; it can add additional capacity at Heathrow; or it can close Heathrow and replace it with a new hub airport."
23 March 2017
Passengers on certain flights into the UK will no longer be able to carry laptops and tablets like iPads in their hand luggage.
22 March 2017
Mountaineers looking to scale the world's highest peak may need to shell out for a GPS device, according to Nepal's tourism chief.
21 March 2017
The effects of being in skyscrapers, at concerts or even walking on wobbly bridges could help scientists understand the experiences of dementia sufferers, researchers are claiming.
18 March 2017
A young actor has released pictures of a lump on her throat that turned out to be thyroid cancer, with hopes the image will raise awareness and alert others who may be suffering from the disease.
17 March 2017
A "promising treatment" for aggressive blood cancer needs more evidence of its effectiveness before NHS doctors will be able to prescribe, a watchdog is warning.
16 March 2017
Millions of Brits are opting for coach holidays over jet-setting and cruises, new research indicates.
15 March 2017
Thousands of flights to and from America's north east have been cancelled in preparation for a "life-threatening" storm poised to hit the country.
14 March 2017
Seniors who experience weight loss should not put it down to the normal ageing process, experts are warning.
11 March 2017
Gatwick Airport is insisting it is still a "credible and deliverable" expansion option, as the airport experienced its busiest ever February.
08 March 2017
Strikes by French air traffic controllers (ATCs) are leading to delays and cancellations across the UK.
10 March 2017
Waiting times for kidney transplant patients have fallen significantly, health officials have said.
09 March 2017
A Dutch snowboarder has been fatally injured in the second avalanche to hit the French Alps in 24 hours.