Kwasi Kwarteng MP: Aviation – In the short term, expand current airports. In the long term, build Boris Island
“When the facts change, I change my mind… what do you do Sir?” said John Maynard Keynes to criticism that he had changed his mind on monetary policy during the Great Depression. The circumstances of 2012 are clearly very different from those in the middle of the last Parliament, when we had experienced 15 years of continuous growth.
Our current economic situation, with all its difficulties, has made aviation policy a central topic of discussion. The growth of emerging markets, coupled with the relative economic stagnation of Europe, has focused minds on the need for Britain to develop business relations with the wider world. You don’t need the logic of a Jesuit to appreciate that aviation is important to fostering links with those emerging economies outside Europe.
Evidence suggests that London is already falling behind other European cities.....
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