UK aviation shortage ‘threatens growth’

A report from economic consultants Frontier Economics commissioned by BAA, which owns six UK airports including Heathrow Airport, says poor aviation links could cost Britain £14bn in lost business over 10 years and a lack of direct flights from the UK to emerging markets may already be costing the country £1.2bn. The report was commissioned in response to the UK government ruling out a third runway at London’s Heathrow. The report said Britain “risks being cut off from global growth” and becoming “a less competitive place to do business” because it is losing out to European competitors in the battle