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      Virgin Money swallowed up by Nationwide as top boss exits

      Virgin Money is set to be acquired by Nationwide for £2.9bn (Photographer: Chris Ratcliffe/Bloomberg via Getty Images)

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Development Consent Order (DCO)

  • Labour moots breaking Heathrow third runway ‘doom loop’ with new powers

    Transport and infrastructure

    The Labour government is exploring how to break Heathrow’s third runway “doom loop” via new parliamentary powers that would fast-track big projects. Ministers are examining whether legislation could be enacted to enable the UK’s biggest hub to bypass parts of the planning process. The proposals, first reported by the Times, would also apply to other [...]

    London airports paused departures temporarily due to technical issues with the UK's air traffic control provider.
  • Heathrow, Gatwick and Luton: Ministers preparing to back London airports expansion

    Transport and infrastructure

    The government is preparing to approve major expansion plans at three London airports, according to reports. Chancellor Rachel Reeves is poised to announce her support for additional runways at Heathrow and Gatwick, and a bid by London Luton to significantly increase passenger capacity, in a speech later this month, according to Bloomberg. Reeves’ speech has [...]

    Heathrow boss Thomas Woldbye is expected to lay the groundwork for what is the largest private investment programme in Heathrow's history.

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