The company formerly known as BAA is to sell Stansted airport to the Manchester Airports group for £1.5 billion.
The deal, announced late this evening, will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original seven.
The remaining ones are Heathrow, Southampton, Aberdeen and Glasgow.
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Dozens of events have been held across the region to mark Armed Forces Day.
Morning's likely to see plenty of cloud bringing some mainly light and patchy rain.
Any showers should die away this evening with most places dry overnight.