Responding to the news that chancellor Rachel Reeves is considering approving airport expansions including Heathrow, the New Economics Foundation (NEF) has found that expanding the UK’s airports won’t deliver serious economic growth to the country.
Dr Alex Chapman, NEF senior economist, said:
“Expanding our airports will not produce the economic growth that Rachel Reeves so desperately wants. The government’s plan suggests they haven’t done their homework, or they would know that more airport capacity will not bring us benefits either from more business travel or money from international tourists. Business use of air travel has collapsed, and the UK is sending three times as many tourists out of the country as it is bringing in.
