Heathrow Third Runway GDP Contribution Significantly Lower Than Estimated
A government report found that a third runway at Heathrow would add only 0.05% to UK GDP, significantly less than original estimates. This new figure suggests the economic benefits are up to 90% lower than previously projected.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)Sources
Third Heathrow runway would add just 0.05% to UK GDP, government finds
Forecast by Department for Transport is a tenth of level predicted by the airport
Read full article →Heathrow third runway GDP yield may be 90% less than original estimate
Department for Transport analysis suggests 0.05% boost will be offset by overall negative trade-off The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, new government analysis shows, while the overall trade-off from the bigger airport could set the UK back by as much £62.5bn. As ministers promised to speed up expansion of the London airport in the name of economic growth, documents prepared by the Department for Transport said the runway was expec...
By Gwyn Topham Transport correspondent
Read full article →
