Budget 2016: Chancellor dodges airport capacity issue

Budget 2016: Chancellor dodges airport capacity issue

James Stamp, Head of Transport at KPMG, comments on the Chancellor’s investment in transport and its impact on airport capacity.

Also on KPMG.com

James Stamp, Head of Transport at KPMG, comments on the Chancellor’s investment in transport:

“It is encouraging that the Government has committed to investing in transformative rail projects through Crossrail 2 and HS3, as well key roads in the North of England. However, The Prime Minister might like to reflect on the Chancellor’s call for long-term solutions to long-term problems, as he continues to prevaricate on the very real long-term problem of creating new airport capacity, which is vital in affirming our position in the global economy and the wider connectivity agenda.”

Ends

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Alastair Henry, Citypress (on behalf of KPMG Corporate Communications)

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About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

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