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NCE's Review of the Year 2008 - December

NCE looks back on the year the banking world imploded, Heathrow Terminal 5 opened in chaos and Crossrail – described by former transport secretary Ruth Kelly as the biggest infrastructure project in the northern hemisphere – finally gained political approval and funding...

December

Transport secretary Geoff Hoon announced that a decision on a new runway at Heathrow airport would be delayed until January. BAA remains confident that permission to build the runway will eventually be granted, but the announcement could be a sign that government aviation policy could be due for a spring clean.

Crossrail secured £350M in funding from the City of London Corporation and the design framework contracts were awarded

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