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Civil Engineering in the papers today - Wednesday 28 January 2009

A government aide has resigned in protest at the decision to expand Heathrow. . . .

In an interview with the Guardian, Andrew Slaughter, parliamentary private secretary to the Foreign Office minister Lord Malloch-Brown, said he had resigned to be able to vote against the government in the Commons today against plans to go ahead with the £9bn expansion, which will see the number of flights increase from 480,000 to about 605,000 a year - The Guardian

Recycling could be adding to global warming rather than reducing it, a key government adviser on waste management has said. Peter Jones suggested that an "urgent" review of Labour's policy on recycling was needed to make sure the collection, transportation and processing of recyclable material was not causing a net increase in greenhouse gases - The Daily Telegraph

Leading commercial property companies must actively strengthen their balance sheets and can no longer just sit out the slump in the real estate market, new research has warned. UK real estate investment trusts (Reits) need to sell £16bn of assets, 27 pc of their properties, to reach safe loan-to-value ratios as the property downturn accelerates, Goldman Sachs said in a note yesterday - The Daily Telegraph

Water group Severn Trent saw its shares fall 41p to £11.46 after warning that sales would fall more than expected this year. The company said trading was in line with expectations in all areas of its business apart from income from water meters, which is expected to fall by £20m to £25m on a year-on-year basis - The Daily Telegraph

Severn Trent warned full year revenue would be reduced by between £20M and £25M as a result of a fall in water consumption by recession hit business customers. Severn Trent had previously expected falling water demand to lead to a reduction in revenues of £12M to £15M - The Financial Times

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