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Sunday 23rd November 2014
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Boris: Thames Airport Would Create 400,000 Jobs

Friday 23rd May 2014

Boris Johnson says a new airport in the Inner Thames Estuary would support 400,000 new jobs in the UK and boost the economy by seven billion pounds.An image of what the new Thames airport hub would look like.

Today the Mayor has issued a new report to the Airports Commission, which is currently considering the airport proposal, urging them "not to miss the bigger picture", and consider London's long term future when making a judgement.

The report argues building the airport would improve UK productivity, resulting in a permanent 0.5% increase in GDP – valued at £6.9bn today.

It also states a new airport in the inner estuary is technically, economically and environmentally feasible, adding that the benefits of the new airport would greatly outweigh creating new runways at both Heathrow and Gatwick.

A third runway at Heathrow, the report says, would make one million people exposed to noise pollution - whereas a new airport in the Thames Estuary would expose less than three per cent of the same number to aircraft noise.

Boris Johnson told LBC: "A new hub at Gatwick or Heathrow is not the right answer - as it doesn't deliver hub capacity."

He is optimistic the airport will get built, adding: "It's far more likely the new airport be built than I become Prime Minister."

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