Ministers hire advisers to assess Heathrow third runway affordability

Summarised from 2 outlets · Updated 8 Oct, 08:43 · Archive

Ministers are hiring financial advisers to assess whether the £49bn third runway expansion at Heathrow is affordable.

Ministers have appointed financial advisers to assess the affordability of Heathrow's £49bn third runway plan. The project is expected to miss its original 2035 completion deadline by four years.

The Evening Standard reports that ministers have acknowledged that taxpayers could be left covering the cost of the expansion at the west London airport. The advisers will determine whether the economic case for the third runway is viable.

How it is being reported

• Bankers being hired for £3m to tell Government if economic case for Heathrow third runway stacks upMinisters have also admitted that taxpayers could be left footing a bill for the £49 billion expansion of the west London airportEvening Standard · 8 Oct, 08:20
• Ministers to land bankers for Heathrow expansion roleMinisters are lining up advisers to assess the affordability of Heathrow's £49bn third runway plan amid growing expectations that it will miss its 2035 completion deadline by four years.Sky News Business · 7 Oct, 11:42

In this story: Heathrow · Government

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