Heathrow expansion likely to win govt backing, says CEO

London

PRIME Minister Theresa May's decision to delay a new nuclear plant backed by China makes it more likely that expansion at London Heathrow Airport, which also has Chinese investors, will win UK government backing, chief executive officer John Holland-Kaye said.

The UK will be reluctant to fuel tension with China, which reacted angrily to Ms May's decision last month to postpone the Hinkley Point power project, Mr Holland-Kaye said. The government also will want to move ahead with other infrastructure proposals as it seeks to support the economy in the wake of the UK's vote to leave the European Union, he added.