Growth forecasts for the UK outlined in last weeks budget means that a new runway at Stansted would not be needed before 2030 at the very earliest, claimed campaign group Stop Stansted Expansion this week.
Alistair Darling’s Budget Report last week shows a further deterioration in the growth outlook for the UK economy to 2030 which Stop Stansted Expansion (SSE) calculates reduces the demand forecasts for Stansted to about 42.7 million passengers by 2030, well within the capacity of the existing runway.
When BAA submitted its planning application in March 2008, its demand forecast of 68 million passengers by 2030 was underpinned by the DfT demand forecasts at that time. However, the DfT has since reduced its demand forecasts for Stansted because of the deteriorating economic outlook.
“These latest Government figures totally pull the rug from under BAA feet and show that it would be a complete waste of time and money for BAA to insist on proceeding with a Public Inquiry when there is no prospect of its project being approved,” said SSE Economics Adviser, Brian Ross.
“We have Stansted passenger numbers down by more than 20 percent since 2007; and now we have these new forecasts showing that the existing runway can cope with predicted demand for at least the next 20 years.”