Connect with us

Business

New long-term partnership announced for London Gatwick

Global Infrastructure Partners (GIP) has announced a new partnership with VINCI Airports, a leading worldwide airport operator with a network of 46 airports in 12 countries

Published

on

Commenting on this morning’s announcement by GIP and VINCI Airports, Gatwick’s Chairman Sir David Higgins, said:

“We very much welcome this commitment from VINCI Airports to Gatwick which is a vote of confidence in Gatwick and its future potential.”

Chief Executive, Stewart Wingate, said:

“Our Chairman and I, along with our senior management team, will all remain at Gatwick and look forward to improving services further for our passengers. There will be no changes to the immediate running of Gatwick and we expect the transaction to complete by the middle of next year.

“This is good news for the airport as it will mean both continuity but also further investment for passengers over the coming years to improve our services further. We currently fly to over 220 destinations around the world and are ambitious to do even more in the years ahead.

“Now we are through the recent disruption at the airport and services are fully back to normal I would once again like to express my thanks to passengers for their patience during this challenging period.

“I would also like to thank all those who have supported my teams in getting Gatwick back up and running, particularly our airlines, the police, the armed forces, other airports, the CAA and the Department for Transport.

“I know this unprecedented criminal activity caused huge inconvenience to thousands of people – many of whom missed important family events in the run up to Christmas. We have appreciated the understanding and tolerance shown at what was a really challenging time for everyone, and we are grateful that passengers recognised that we should never do anything that might jeopardise their safety.

“There are obviously wider strategic lessons for everyone involved to prevent it happening again, and Gatwick itself has taken a number of important steps in recent days which will make a significant difference to the airport’s resilience.

“While today’s announcement marks an exciting moment in Gatwick’s future, my team and I remain focussed on doing everything we can to help ensure that travel runs as smoothly as possible for everyone over the rest of the festive period.”

Business

More business rates to be kept local and pay for gigabit broadband

A successful bid to keep more business rates in West Sussex, supported by Crawley Borough Council, will enable residents and businesses to access gigabit broadband.

Published

on

The bid, to the Ministry of Housing, Communities and Local Government, to keep 75 per cent of business rates collected in West Sussex – instead of the current 50 per cent – was one of 15 successful applications out of 35 nationwide. This means that there will be an additional £19.1m retained in the county annually from 2019/20. However, this will be spent on improving digital infrastructure as we are unable to use it to help with Crawley Borough Council’s financial challenges.

Councillor Peter Lamb, Leader of Crawley Borough Council, said:

“This is good news for the digital infrastructure of the county and, once complete, the ‘spine’ will enable residents and businesses to connect to a full fibre network.

“Crawley has the biggest economy in the county and must benefit from this successful bid. However, this money is not extra for individual local authorities and will have very little impact on our finances, which are getting more challenging every year. Much is made of announcements like this but it will have no impact whatsoever on council finance or the services we provide.”

A digital ‘spine’ will be created alongside railway lines, to avoid digging up roads. A full fibre network will be laid from which residents and businesses can access gigabit broadband.

The spine will accelerate investment in and deployment of further new digital infrastructure by reducing barriers to investment in full fibre access networks and new wireless technologies.

The network will run along the Arun Valley railway line, from Ford to Three Bridges, the Brighton Mainline from Three Bridges to Brighton, and a coastal route from Brighton to Ford.

Crawley is the economic powerhouse of West Sussex. The town occupies just two per cent of the land but collects around 35 per cent of the county’s business rates. The town generates more than £120m in business rates each year but keeps only £6m; 10 per cent goes to West Sussex County Council and the rest currently goes to central government for redistribution.

Continue Reading

Trending