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MPs say no Heathrow expansion unless environmental conditions are met

The Government should not give final approval to Heathrow expansion until the airport can show that it accepts and will comply with key environmental conditions. That is according to a report from MPs on the Environmental Audit Committee.

A third runway at heathrow has been a controversial topic Credit: Reuters

The report says Heathrow has to show it can have a third runway and yet reconcile this with legal air pollution limits; commit to covering the costs of surface transport improvements; commit to introducing a night flight ban; and show that an expanded Heathrow would be less noisy than a two runway Heathrow.

The purpose of this inquiry was not to reopen the debate over where extra airport capacity should be located or whether it should take place at all. It was to examine the implications of the Airports Commission’s recommendation for a third runway on climate-changing emissions, air quality and noise – and what Government and Heathrow should do about them.

– Environmental Audit Committee Chair, Huw Irranca-Davies MP

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Hamleys in advanced talks to be sold to a Chinese footwear business

Hamleys, the 255-year-old toy retailer on Regent Street, is in advanced talks to be sold to a Chinese women's footwear business for £100 million.

. Credit: PA

Hong Kong-listed C.banner International Holdings confirmed discussions with Hamleys' owner, French retailer Groupe Ludendo, have reached an advanced stage.

The Chinese shoemaker added it was:

... in the process of negotiating and finalising the definitive documentation with a view to entering in to a legally-binding agreement in the near future.

– C.banner International Holdings

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Asda scaling back plan to expand across London

Asda will slow its planned store expansion in London and scale back the roll out of its click and collect scheme as the retailer cuts costs.

Credit: PA

The supermarket, which recently recorded its worst-ever quarterly sales figures, made the announcement as part of its new strategy to focus efforts on its core business. Dubbed Project Renewal, the 18-month strategy will see Asda ease up on plans to build more stand-alone petrol stations across the UK.

Asda is a strong and profitable business which has built its success on delivering everyday low prices and good value to customers through efficient, friendly and well-managed stores. This is a winning strategy and we are determined to stick with it. Over the last two years, we have shown that we are ready to make necessary and early changes to match that ambition to the demands of our customers, especially at a time when the market is clearly undergoing permanent and rapid structural change.

– Andy Clarke Asda chief executive
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