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9 comments on UK - Stansted Airport expansion gets go-ahead
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9 comments on UK - Stansted Airport expansion gets go-ahead
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Of course one of the aims of such announcements by government is to convey the illusion that the current economic crisis and recession is expected to be over within a couple of years, and that business-as-usual, economic growth and increase in air traffic will resume after a short while. They are probably right to assume that any announcement of refusing permission for new runways would be interpreted as an admission that a long and deep recession is ahead. The result would be to further intensify the panic over future economic prospects.
Sounds about right doctorbob.
I wonder if Stansted will turn out a vast version of a project in Penrith (Cumbria)?
Business plan of proposed mega shopping mall, one presumes, was to attract custom from elsewhere via longer distance motor traffic - started by demolishing large chunk of the town. Large hole in the ground with some concrete and steel abandoned last week as workers ordered off site.
I have been wondering about 2012 Olympics.
I was thinking the same. Although Stansted expansion has been given planning consent, what are the chances of it actually going ahead? Presumably the development will be with borrowed money, but what with yesterday's UK govt nationalisation of the banks, this may amount to a green light for lending to developments, such as Stansted, that might otherwise have not been able to raise the cash.
The same geos for the Aberdeen bypass (western peripheral route). It was costed at about £250M in 2005. Probably at least double that now, with Aberdeen City Council, which is in deep financial trouble at the moment, expected to come up with 5-10% of the cost. Starts next year, finishes 2011 or so, but I am doubtful it well ever get finished. Horses with carts don't travel well on modern roads anyway.