Heathrow expansion is the best option on jobs and GDP gains for every part of the UK, as the Airports Commission’s consultation deadline nears.
New figures released today quantify for the first time how an expanded Heathrow will benefit every UK nation and region. The findings prove that Heathrow is the best option for both jobs and economic growth in all parts of the country.
With the Airports Commission’s consultation coming to a close next week, the data sheds new light on the aviation debate.
The independent report by QUOD, commissioned by Heathrow, confirms over half the gains from forecasted economic benefits and job creation will be made outside of London and the South East, a fact that is further endorsed by the public support Heathrow has already received from 26 Chambers of Commerce across the UK.
Regional employment benefits as a result of foreign investment and trade could total 179,800 new jobs across the UK in 2050, as long haul connections and increased freight capacity at an expanded Heathrow bring more business to the UK.
Trade is likely to play a big part in economic growth, with towns and cities across the rest of the country currently benefitting from nine times more employment from foreign investment in manufacturing than those in London and the South East. Scotland, Wales and Northern Ireland are expected to lead the way in research and development and the digital technology field, experiencing the greatest benefits from increased employment in these sectors.
Source and image: Heathrow Airport
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