Heathrow
Debate between Andy Slaughter and Jesse Norman(6 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Jesse Norman
I know you place a premium on brevity, Mr Speaker, so I will say, yes, and £74 billion to £75 billion of expected boost to the economy.
Andy Slaughter (Hammersmith) (Lab)
The whole process of forcing through the third runway has been the opposite of transparent—from overstating economic benefits to understating the cost to public funds, including the £10 billion to £15 billion on surface access. Will the Minister say that he will define the costs and the risks to the public purse in total, and will he give an absolute assurance that this private company will bear the full costs?
Jesse Norman
I think that it is perfectly clear that the NPS, a national policy statement, sets the guidelines within which this is to be elaborated. We expect Heathrow Airport Ltd—and other private entities, as may be required—to bear the full cost of the expansion, as has been indicated, and we have been perfectly clear about that all the way through.