MPs back a 33bn plan to move the M25 to build Heathrow's third runway - London Business News | Londonlovesbusiness.com
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MPs back a 33bn plan to move the M25 to build Heathrow's third runway - London Business News | Londonlovesbusiness.com
"She did agree that the scheme will need "major works to the M25" and this means there will be fewer residential properties around the airport that will need to be bought than Arora's proposals. There will be a 3,500-meter runway a new tunnel for the M25 with more bridges to be built and 130 metres of the existing motorway. Alexander said the proposal would still have "a considerable impact" on the M25 in a written statement to Parliament."
"A spokesperson for Heathrow said they welcome the government's decision to expand the airport which will mean "more connectivity, increased trade, improved passenger experience and a huge economic boost for the British businesses that will help design and build it. They added "further clarity" is required as to how the next phase will be regulated and they are calling for "definitive" decisions from the Civil Aviation Authority (CAA) and the government."
Ministers approved a £33 billion plan to relocate the M25 to allow construction of Heathrow's third runway. Transport Secretary Heidi Alexander rejected Arora Group's proposal and endorsed Heathrow's option as the most credible and deliverable. The scheme will require major works to the M25 and would result in fewer residential property purchases than Arora's proposals. Planned works include a 3,500-meter runway, a new tunnel for the M25, additional bridges, and alteration of 130 metres of existing motorway. The third runway is estimated at £33 billion plus £1.5 billion to move the motorway, expected to be privately funded. Expansion would add 756,000 flights and around 150 million passengers annually, while Heathrow calls for regulatory clarity from the CAA and government.
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