Business opportunities could be taking off
THE proposed expansion of Heathrow Airport is set to increase opportunities in Bucks.
Director of external affairs at Heathrow Airport, Nigel Milton, told members of Buckinghamshire Thames Valley Local Enterprise Partnership (BTVLEP) board of business opportunities arising from the proposed expansion of Heathrow Airport.
He said increased flight capacity could benefit the local economy through access to new markets, supporting reduced flight costs and providing employment and skills opportunities for the local communities around the airport site.
Mr Milton said the proposed expansion, which could see the North West Runway operational from 2025, would double the number of apprenticeship opportunities to 10,000 and provide up to 40,000 local jobs.
Alex Pratt, chairman of Buckinghamshire Thames Valley Local Enterprise Partnership, said: “The development of air capacity around London is of paramount importance to the economy of the UK and in particular to businesses in areas such as Buckinghamshire that benefit through close access to the main international hubs.
"BTVLEP is keen to ensure a final decision on the proposals is made by the end of the year and will be pressing government to ensure that there is no slippage on a final decision. It will be important to work to minimise potential downsides as well as to maximise the upside potential.”
The Heathrow Business Summit will be held at the Radisson Hotel, Heathrow on November 10 and provides an ideal opportunity or small and medium sized businesses to learn more about the business opportunities.