UK: Hard Brexit could halt Heathrow expansion plans
A hard Brexit would be a “calamity” that would spell the end for the Heathrow expansion, according to the chairman of the National Infrastructure Commission. While the airport has argued that Brexit makes its third runway ever more important, Andrew Adonis said private investment in infrastructure would be off the table unless Britain could maintain ties with the EU. Adonis said that a host of major projects including HS2, Crossrail 2 and HS3 rail links between northern cities, as well as universal broadband and mobile services, would be under threat but particularly those that rely on private funding. “If we were to go for a hard Brexit which severs Britain’s trading ties with the continent I think we could be heading for a calamity as a country,” he said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-06-27/general/uk-hard-brexit-could-halt-heathrow-expansion-plans
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UK: Hard Brexit could halt Heathrow expansion plans
A hard Brexit would be a “calamity” that would spell the end for the Heathrow expansion, according to the chairman of the National Infrastructure Commission. While the airport has argued that Brexit makes its third runway ever more important, Andrew Adonis said private investment in infrastructure would be off the table unless Britain could maintain ties with the EU. Adonis said that a host of major projects including HS2, Crossrail 2 and HS3 rail links between northern cities, as well as universal broadband and mobile services, would be under threat but particularly those that rely on private funding. “If we were to go for a hard Brexit which severs Britain’s trading ties with the continent I think we could be heading for a calamity as a country,” he said. <br/>