Boris Johnson's big idea for expanding airport capacity in the south, without expanding Heathrow has been sunk.
His 'island airport' in the Thames Estuary, was firmly rejected today by the Airports Commission as 'too expensive'.
The London Mayor insists he will not give up on the plan. Its rejection, he said, was 'short-sighted'.
ITV News Political Correspondent Libby Wiener reports:
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The financial watchdog has told the rent-to-own company to compensate 249,000 customers.
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