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Tom Forth: Questions Heathrow economic benefits beyond local procurement

Tom Forth: Questions Heathrow economic benefits beyond local procurement
Heathrow impact on Britain debated

Tom Forth questions the broader economic benefits of Heathrow Airport for Britain beyond local procurement of goods and services.

He points out that purchasing British steel, concrete, or contracting British engineers may not provide a significant advantage to the rest of the country, as these industries already trade globally and are not currently facing unemployment.

In previous commentary, Forth argued that Britain’s large urban agglomerations have underperformed similar regions in Europe and North America (Tom Forth: Agglomeration economies should boost Britain’s economic strength). He also noted that areas outside South England face fiscal deficits on par with those seen during Greece’s crisis (Tom Forth: Britain outside South England sees fiscal deficits similar to Greece crisis). These concerns have informed his analysis of national infrastructure projects and their distributional impacts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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