Originally Posted by British Airways
I am suggesting that the airport should be public owned in the style of
Network Rail
It would also be mostly funded by the government as well,
the rest coming from bonds to the general public or QE
OK - Funded by the government = more borrowing.
Bonds from the general public, is that not another way of borrowing?.
QE - Printing money, not a bad idea if you are like me sick of your savings attracting little interest..as inflation will creep in and interest rates will creep up, for savers also.
But take the three combined,,We will be in hock for centuries and inflation will hit the roof, because a project like Boris Island will cost billions, and original estimates like the two aircraft carriers will always keep being revised upwards.
There a thought, use the carriers in conjunction with LHR, that would be cheap
.
The bonds are aimed at savers in this country,
Another way of borrowing, and at what rate of interest?.
But if the government cannot find the political will to expand LHR, then we
would have to bring forward the THA project
The government will have to find the political will to expand LHR..
1) How long to get the THA on and off the drawing board?.
2) How much will it cost?
3) How long before it is built, IMO with the combination of these three factors, it will be no use building a HUB, the business will have been long gone to mainland Europe.