Crack on with Heathrow expansion or lose out, May is warned

A host of business heavyweights representing half a million companies have urged the Prime Minister to crack on with Heathrows third runway or risk losing trade.
The CBIs Carolyn Fairbairn, British Chambers of Commerces Adam Marshall, and Stephen Phipson from manufacturing organisation EEF, are among the signatories of a letter callingon Theresa May to hold a vote onHeathrows expansion quickly.
Theproject is crucial for UK trade, they claim. The intervention comes almost 50 years to the day since theRoskill Commission was set up tolook at airport expansion in the South East.
Half a century later, the need to geton with expanding the UKs airportcapacity is more urgent than ever, the letter, seen by The Sunday Telegraph, says.
Crack on with Heathrow expansion or lose out, May is warned

Prime Minister Theresa May has promised to hold a vote on Heathrow's proposed expansion by the end of June

The choice for extra hub capacity isnt between Heathrow or any other UK airport, but between Heathrow and other European hubs.
Frankfurt, [Amsterdams] Schiphol and [Pariss] Charles de Gaulle are pulling ahead at the UKs expense at our businesses expense as our major port is constrained, forcing global investors and trade to go elsewhere inEurope.
The letters signatories, which also include the London Chamber of Commerce and Industry, and the Institute of Directors, claim thousands of jobs will be created mostly outside London thanks to the four off-site construction centres Heathrow is planning to use to mitigate the projects impact on the airport.
Assessing the potential fallout if expansion was not granted, the letter said Heathrow was the countrys biggest port by value and was operating at 98pc capacity. Key export routes to the likes of Shanghai, Delhi and Dubai are virtually full, meaning rival airports in Europe could soon attract business away from Heathrow.
Crack on with Heathrow expansion or lose out, May is warned

Proponents of Heathrow's expansion claim it is needed because the airport's cargo capacity is running near full

Grimshaw architects
The world is waiting for Britains businesses, but it wont wait forever, the letter concluded.
If we dont do this now after decades of debate, Britain will not become the global trading powerhouse we know it can be.
We therefore urge the Government to crack on with the vote on Heathrow expansion as soon as possible.
The Government has pledged to hold a vote on the national policy statement, an initial form of planning permission, by the end of June. If it goes through, Heathrow will then be able to draw up a detailed plan of its third runway scheme.
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