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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."
07 December 2018
Women who don't attend cervical screenings should be offered testing kits they can use at home, new research suggests.
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06 December 2018
Ryanair could be slapped with enforcement action from the airline regulator after it refused compensation for passengers hit by flight disruption caused by staff taking strike action.
05 December 2018
Protein supplements and muscle training could be the most effective ways to delay or reverse the effects of frailty, a new study suggests.
04 December 2018
Mumford and Sons bassist Ted Dwane has helped create a new exhibition to raise awareness of the loneliness felt by people living with multiple sclerosis (MS).
01 December 2018
A leading charity has praised the actions of Lloyd Russell-Moyle, saying the Labour MP had "done everybody a service" by disclosing his HIV status.
30 November 2018
Sweating out the daily stresses in a sauna could be linked to a reduced risk of death from cardiovascular diseases (CVD) in people aged 50 and over, according to a new study.
29 November 2018
Hitting the Copacabana could soon become a more realistic aim for holidaymakers, with Norwegian set to become the first budget airline to operate UK-Brazil flights.
28 November 2018
Holidaymakers on the UK's proposed new high-speed trainline could have their Amazon packages delivered directly to their seat, according to a train manufacturer.
27 November 2018
Over half of UK frontline medical staff worry their hospitals won't be able to keep patients safe this winter, according to an "alarming" new survey.
24 November 2018
Patients who suffer from a severe form of stroke should be offered a procedure to remove the blood clot up to a day after the onset of their symptoms, draft new guidelines suggest.
23 November 2018
Rising obesity levels have led to a record number of youngsters being diagnosed with Type 2 diabetes, a leading charity has warned.
22 November 2018
An Alzheimer's vaccine has moved closer to becoming a reality after research found that preventing a build-up of toxic brain proteins is possible.