Paxboy - That telegraph article is from June.
Having read the paper version, the Times seems to contradict itself completely. All I see is an alleged quote from Craig Kreeger saying that LR will need to cover its costs etc to have a future but it's still in a growth stage so too early to draw any conclusions. Another unnamed source said that during the review of routes "LHR transfer traffic isn't what it once was" or words to that effect.
Although I don't expect LR to be here for the long haul, I think this is just another glorified rag trying to shift some extra copies by jumping to conclusions.