Skip to content
Search

Latest Stories

UK Supreme Court gives green light to Heathrow expansion

BRITAIN's top court gave the go-ahead to the expansion of Heathrow Airport on Wednesday(16), allowing the £14 billion ($19 billion) plan to proceed after decades of legal battles and political wrangling.

The Supreme Court ruling overturned a previous court decision that had blocked the plan on environmental grounds.


In February, a court had declared the expansion unlawful, ruling in favour of climate change campaigners. The judge had said that a failure to take into account the British government's commitments on climate change was "legally fatal" to the plans.

But a Supreme Court judge told a virtual session on Wednesday that the government had taken climate change commitments into account when designing its airport policy.

"For these reasons, the Court unanimously concludes that the appeal should be allowed. The airports national policy statement is lawful," Judge Philip Sales said.

"Demand for aviation will recover from Covid-19, and the additional capacity at an expanded Heathrow will allow Britain as a sovereign nation to compete for trade and win against our rivals in France and Germany," a Heathrow spokesman said in a statement.

The airport is owned by Spain's Ferrovial, the Qatar Investment Authority and China Investment Corp, among others.

Heathrow, Britain's biggest port by value, has two runways, compared with Paris's and Frankfurt's four and Amsterdam's six. Before the pandemic, it had no space to add new flights.

Heathrow and its supporters argue that Britain's departure from the EU makes expansion critical to ensuring the country can increase trade with the rest of the world.

The project has been hotly debated in Britain for almost half a century. The new runway was previously approved in 2009 before being scrapped the following year, and then approved again in 2018.

Prime minister Boris Johnson has been a long-term opponent of it. As mayor of London, he vowed in 2015 that he would lie down in front of bulldozers if necessary to stop construction of the third runway.

The latest decision represents a setback to wider hopes among climate campaigners of using Heathrow as a test case to develop similar legal challenges to heavily polluting transport, energy or other projects in other countries.

More For You

UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
Rosneft in early talks to sell India refinery stake to Reliance

Reliance Industries chairman Mukesh Ambani (Photo: Getty Images)

Rosneft in early talks to sell India refinery stake to Reliance

RUSSIAN oil major PJSC Rosneft Oil Company is in early discussions with Reliance Industries to sell its 49.13 per cent stake in Nayara Energy, an Indian energy company that operates a 20-million-tonnes-per-year oil refinery and 6,750 petrol pumps, sources familiar with the matter said.

The deal, if finalised, would see Reliance overtake state-owned Indian Oil Corporation (IOC) to become India’s largest oil refiner. It would also provide Reliance with a significant expansion in fuel retailing, where it currently holds a relatively small presence.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less
Trump-Getty

Trump said that while deals are being made with some countries, others may face tariffs.

Getty Images

Trump says major trade deal with India may be finalised soon

US PRESIDENT Donald Trump on Friday said a "very big" trade deal could be finalised with India, suggesting significant movement in the ongoing negotiations between the two countries.

“We are having some great deals. We have one coming up, maybe with India. Very big one. Where we're going to open up India," Trump said at the “Big Beautiful Bill” event at the White House.

Keep ReadingShow less