The Guardian: "Chancellor believes massive investment in new aviation hub will boost UK economy"

Link to The Guardian

"George Osborne dropped the clearest hint yet that the government is warming to the notion of an airport on the Thames estuary, possibly built on this peninsula, as he pledged to 'explore all options for maintaining the UK's aviation hub status'. For residents of Grain village, it was confirmation that kickstarting the British economy poses a threat to their homes. ...

"The chancellor begs to differ. He is sold on the idea that infrastructure investment can boost the UK by providing economic links for business and unlocking cash from British pension funds. He also unveiled a memorandum of understanding with the National Association of Pension Funds and the Pension Protection Fund, to invest up to £20bn in projects such as power stations and high-speed rail lines, as well as the four-runway airport that would be built right over a quiet village in north Kent. A national infrastructure plan published this week mentioned 500 projects. All they need now is the money.

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