Heathow report does not stress need for third runway

A plane lands at Heathrow Airport as overnight fog caused travel disruption across the UK.
A plane lands at Heathrow Airport as overnight fog caused travel disruption across the UK. Credit: PA

A report out today by Heathrow Airport is calling for a London "hub" airport. Interestingly this doesn't stress the need for a third runway. Is it that investors are not keen on risk?

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Heathrow capacity 'costs' £14bn

The UK economy is losing up to £14 billion a year in lost trade because of a lack of capacity at Heathrow, according to a new report published by the airport.