Originally Posted by British Airways
The government could afford their share of this project, the could fix the
"leaking" tax system and remember, the UKs national debt is not that bad in the
current climate (76%) and we have the 2nd lowest borrowing rates, even if the
current government payed for 100% with borrowed money, it would at most add 4%
to that figure
The "leaking" tax system should be fixed anyway, and there are far better used for the cash, than a 'pie in the water' scheme'.
Rather than lend this cash for Boris Island, they may as well have a public owned island airport..The cost would be about the same.
Originally Posted by British Airways
Remember the Government of Japan has a very high level debt, in fact it is
enough to to almost bankrupt the nation, but they manage with the fact they
borrow from the general public (which is what I am suggesting),
It's not on in the UK, the rates of interest would have to be high, as the risk of such a scheme, would attract such high rates, or nobody would invest.
Look: In the end this project is unfundable, unless we turn the clock back, and have state owned infrastructure..Expanding LHR, even if that meant compensation some, would be a much cheaper and feasible venture, as the infrastructure is already there.
If the governed game the go ahead for BFA, which would take eons to build..What would happen at LHR, it would mean the Uk's primary airport and only hub, winding down, who knows what consequences that would bring..The airport would be to coin a phrase, be a "dead duck" airport.