Heathrow airport raises 1.6 billion pounds to brace for Brexit

Heathrow airport raises 1.6 billion pounds to brace for Brexit

Britain’s Heathrow has raised about 1.6 billion pounds from global investors to boost financial resiliance ahead of Brexit

This will also lay the groundwork for a privately funded expansion of Europe’s busiest airport.

“With the outcome of Brexit negotiations unknown, strong businesses like Heathrow must stand up to support Britain’s economy. We will expand Heathrow to boost Britain’s global trade for decades to come,” Heathrow Chief Executive John Holland-Kaye said.

The airport said funds raised from investors most recently included a debut Australian dollar issue.

Published: by Radio NewsHub
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