Thames Valley wants Heathrow to grow

A report suggests companies will consider moving from the Thames Valley to mainland Europe if the Government decides to build a new hub airport east of London.

The FT reports the CBI Thames Valley chapter report says that disruption caused by the winding down of Heathrow during construction of a new hub would tempt some to switch to nearby European alternatives where access to international (and UK) markets would be more consistent.

It says that Heathrow is a key infrastructure asset to the Thames Valley, one of the UK’s strongest economic regions, which provides a home to global IT companies such as Microsoft, Dell and Hewlett-Packard as well as hundreds of consultancy and business services groups.

Steve Lamb, chairman of Thames Valley Berkshire local enterprise partnership, told the FT that Heathrow “is one of the key reasons why the economy to the west of London is as wealthy as it is”.


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