Britain plans £344m expansion for London City Airport

A Canadian-Kuwaiti consortium that owns London City Airport announced plans to invest £344 million to upgrade the airportThe British government hailed a £344 million (410 million euro, $450 million) investment to expand London City Airport on Wednesday as evidence Britain was “open for business” despite its Brexit vote. Finance minister Philip Hammond was at the airport to cheer the announcement by the Canadian-Kuwaiti consortium which owns the airport, a business travel hub located close to Britain’s financial centre. The “ambitious growth plans will boost international connections, strengthening the City of London’s links to destinations across the world, and send a clear signal that Britain is open for business,” he said.

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