This is a ludicrous waste of public money. We desperately need that sort of money to invest in the local community that has been blighted for so long by the threat of this 3rd runway white elephant project. On the government’s own figures the economic argument for a 3rd runway has collapsed & with the inevitable subsidy from tax payers the only people to profit at our expense from this will be the foreign shareholders of Heathrow.
These are:
•Ardian (French private investment firm): 32.61% (majority/largest shareholder)
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•Qatar Investment Authority (QIA): 20.00%
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•Public Investment Fund (Saudi Arabia's PIF): 15.01%
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•GIC (Government of Singapore Investment Corporation): 11.20%
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•Australian Retirement Trust: 11.18%
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•China Investment Corporation: 10.00% [1, 2, 3]
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www.standard.co.uk/news/london/heathrow-fl...
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