BAA is looking at another expansion of Stansted airport to offset space shortages at Heathrow and Gatwick.
The announcement comes midway through Stansted’s second expansion – a £200m project due for completion in 2002. The airports operator is confident the £2bn Heathrow Terminal 5 scheme will get government go-ahead by the end of next year.
Non-core assets are on the sell-off list, including McArthur Glen factory outlet shops and the property portfolio.
The Daily Telegraph 31/10/00 page 38, page 37 (Questor)
The Independent 31/10/00 page 18, page 20 (The Investment Column)
The Guardian 31/10/00 page 22
Financial Times 31/10/00 page 29
The Times 31/10/00 page 28, page 30 (Tempus)