Sir Howard Davies, chairman of the Airports Commission, said the cost, economic disruption and environmental issues made the plan unviable.
Workers install an engine on an S6 sport-utility vehicle at BYD's assembly plant in Shenzhen. Manufacturing purchasing managers' indices in China declined last month but remained above 50, indicating a slower expansion in activity.
HSBC shares have taken a knock after one of the City's most feted fund managers sold his stock and raised concerns about further fines, writes Marion Dakers.
LONDON (Alliance News) - Tesco PLC's new Chief Executive Dave Lewis thinks he will bring a fresh non-retailing perspective to the UK's biggest grocer, admitting in an interview with the Evening Standard late Monday that he is "wonderfully naive" about ...
The Royal Mail is launching trials of parcel deliveries and office openings on a Sunday. Customers will be able to collect parcels at around 100 offices on a Sunday from this weekend, while parcel deliveries will be made within the M25 area.