Construction News
12/02/2013
£3bn To Be Invested In Heathrow Airport
![Construction News Image](https://www.construction.co.uk/newsimages/2_158262_Heathrow.gif)
Heathrow today announced £3 billion of investment in Heathrow airport in addition to the £11bn that has been invested since 2003.
The announcement forms part of the airport's business plan for 'Q6' – the regulatory period which covers 2014-2019 – and it represents one of the largest private-sector investments in UK infrastructure.
The plans include the completion of Terminal 2 and the early works on extending the building; the development of a new integrated baggage system; and the construction of new taxiways and stands which will allow Heathrow to accommodate more of the most modern aircraft.
Heathrow is the UK's only hub airport, accounting for 78% of all long-haul flights from the UK. Every five years the Civil Aviation Authority (CAA) scrutinises the airport’s capital expenditure plans, operating costs and commercial revenues to set the maximum amount the airport is permitted to charge airlines over the coming period. The publication of the airport’s business plan for 2014-2019 serves as an input to the CAA's decision.
Operational performance has improved and passengers say they notice the difference. The proportion of passengers rating their journey as 'very good' or 'excellent' has increased from 48% in 2007 to 72% today. The airport has moved from the bottom to the top quartile of EU airports for passenger satisfaction, and in 2012 Terminal 5 was voted the world’s best airport terminal.
Colin Matthews, Chief Executive of Heathrow said: "Heathrow is the UK's only hub airport and a strategically important national infrastructure asset. Heathrow faces stiff competition from other European hubs and we must continue to improve the service we offers passengers and airlines. We have invested billions of pounds in new facilities such as Terminal 5 in recent years and passengers say they have noticed the difference. Our plan for a further £3 billion of private-sector investment will further improve the airport for passengers. The plan represents good value for money for airlines and passengers and comes at no cost to taxpayers."
(CD)
The announcement forms part of the airport's business plan for 'Q6' – the regulatory period which covers 2014-2019 – and it represents one of the largest private-sector investments in UK infrastructure.
The plans include the completion of Terminal 2 and the early works on extending the building; the development of a new integrated baggage system; and the construction of new taxiways and stands which will allow Heathrow to accommodate more of the most modern aircraft.
Heathrow is the UK's only hub airport, accounting for 78% of all long-haul flights from the UK. Every five years the Civil Aviation Authority (CAA) scrutinises the airport’s capital expenditure plans, operating costs and commercial revenues to set the maximum amount the airport is permitted to charge airlines over the coming period. The publication of the airport’s business plan for 2014-2019 serves as an input to the CAA's decision.
Operational performance has improved and passengers say they notice the difference. The proportion of passengers rating their journey as 'very good' or 'excellent' has increased from 48% in 2007 to 72% today. The airport has moved from the bottom to the top quartile of EU airports for passenger satisfaction, and in 2012 Terminal 5 was voted the world’s best airport terminal.
Colin Matthews, Chief Executive of Heathrow said: "Heathrow is the UK's only hub airport and a strategically important national infrastructure asset. Heathrow faces stiff competition from other European hubs and we must continue to improve the service we offers passengers and airlines. We have invested billions of pounds in new facilities such as Terminal 5 in recent years and passengers say they have noticed the difference. Our plan for a further £3 billion of private-sector investment will further improve the airport for passengers. The plan represents good value for money for airlines and passengers and comes at no cost to taxpayers."
(CD)
![](https://www.construction.co.uk/newsimages/1_316172_nottinghill.jpg)
12/02/2025
Morgan Sindall Construction has completed a new residential and community space in London's Notting Hill area.
The £17.5 million Acklam Road project, which consists of 32 residential flats alongside community space, was procured via the Southern Construction Framework and delivered on behalf of the
![](https://www.construction.co.uk/newsimages/1_316177_vistry.jpg)
12/02/2025
Vistry Group has announced a second joint venture with Latimer, the development arm of Clarion Housing Group, to deliver an additional 1,200 homes at the Sherford new town near Plymouth.
The two companies already have a strong partnership at Sherford, where they are working together to provide a mi
![](https://www.construction.co.uk/newsimages/1_316191_academy.jpg)
12/02/2025
Contractor G F Tomlinson is making strong progress on the Redmoor Academy expansion project, with the completion of the steel frame structure marking a key milestone.
The project, funded by Leicestershire County Council, will deliver state-of-the-art educational facilities to accommodate the acade
![](https://www.construction.co.uk/newsimages/1_316187_nasc.jpg)
12/02/2025
National Access & Scaffolding Confederation (NASC) has welcomed the announcements from the Department for Education on apprenticeships, which included a decision to scrap previously restrictive entry requirements.
Under previous rules, would-be apprentices had to have the equivalent of GCSE Maths a
![](https://www.construction.co.uk/newsimages/1_316207_wates.jpg)
12/02/2025
Wates has announced the successful completion of Darwin House, a key milestone in its collaboration with Westminster City Council to deliver high-quality, affordable housing that enhances residents' lives.
Located within the Churchill Gardens Conservation Area, the development is being delivered in
![](https://www.construction.co.uk/newsimages/1_316206_heathrow.jpg)
12/02/2025
In a keynote address at British Steel Scunthorpe, Heathrow CEO Thomas Woldbye welcomed the Government's strong support for the airport’s expansion, including a third runway.
Woldbye unveiled Heathrow's largest-ever private investment programme and confirmed that detailed proposals for the third ru
![](https://www.construction.co.uk/newsimages/1_316208_leisurecentre.jpg)
12/02/2025
Construction is officially underway on a new 25-metre swimming pool at Pentwyn Leisure Centre, marking a major step in the facility's ongoing redevelopment. Appointed by Cardiff Council, the contractor will deliver a state-of-the-art pool with a split raising floor and a new children’s wet play area
![](https://www.construction.co.uk/newsimages/1_316183_threeoaks.jpg)
12/02/2025
The rapid construction of three homes in a single day at the Three Oaks development has highlighted the potential of modern methods of construction (MMC) and the skills of the local workforce in tackling the Isle of Wight’s housing needs.
The milestone was the centerpiece of an event hosted by Sove
![](https://www.construction.co.uk/newsimages/1_316181_sipbuild.jpg)
12/02/2025
SIP Build UK has partnered with SIP Building Systems Ltd (SBS) in a strategic move which will allow for the further growth and expansion of both companies.
SBS manufacture one of the most highly accredited and certified SIP panels in the UK market due to over 24 years of experience and a continued
![](https://www.construction.co.uk/newsimages/1_316179_farrans.jpg)
12/02/2025
Leeds Bradford Airport (LBA) has awarded the contract for Phase 2 of its £100 million regeneration project to Farrans Construction, marking the next step in its ambitious transformation.
The project aims to enhance the passenger experience and boost economic growth in the region.
With the termina