Lord Goldsmith of Richmond Park
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Stansted Airport
Lord Goldsmith of Richmond Park Excerpts(10 years, 2 months ago)
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Mr Lammy
The hon. Gentleman is absolutely right that the next few years should see Stansted continuing to grow from strength to strength. Since being sold by BAA, its prospects have been strong. The new owner, Manchester Airports Group, has committed to building and improving Stansted. He is also right about the importance of local people. He will understand that unemployment in the region around the airport is fairly low, certainly when compared with my constituency. One reason why I am pleased to co-chair the group of MPs that supports the Stansted corridor is our shared interest in growth and employment in the region, as well as in the concerns of local people.
Zac Goldsmith (Richmond Park) (Con)
I am pleased to back the right hon. Gentleman in his ongoing campaign on Stansted. Does he share my view that the liberation of Stansted and Gatwick from the monopoly has worked wonders for both those airports? I know more about Gatwick than Stansted. Gatwick has done things that we were told were not possible, such as opening up flights to Vietnam and Indonesia. The beneficial consequences of competition between airports should be borne in mind as we talk about the bigger issues of airport capacity. Some of my colleagues seem keen to recreate what would effectively be a large taxpayer-subsidised, foreign-owned monopoly at Heathrow.
Mr Lammy
The hon. Gentleman’s persuasive tones are seductive. He is certainly right that the nature of competition in this market has been hugely important, although I suspect that we might disagree on other points. It was important that the monopoly in the system with BAA was broken. We are seeing a flourishing as a consequence of that monopoly being ended.