BAA scales back Heathrow work by £100m

摘要

Construction companies working at Heathrow airport are set to lose out on up to £100m worth of work because BAA is to delay the start of its next capital works programme for one year. The current five-year development cycle that is due to end in 2013 and is worth around £4.5bn was to be replaced on completion by a new phase matching the current average spend of £800m-£850m a year. However, the new programme will now be delayed by a year, with a lower figure of £735m spent in the interim year.