An Englishman of forty years residence in Wales pontificates about politics (slightly off-message), sport, the environment and industrial history.
Thursday, 15 January 2009
It may be bad news for Londoners, it may put a big hole in New Labour's attempt to match its green rhetoric, but it is good news for British taxpayers as a whole. By reducing the number of private dwellings the construction of a third runway at Heathrow will increase the value of the properties held by government-owned banks, like Northern Rock. ;-)