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Third Runway Frustration

Titan Construction Insurance is worried that the renewed debate about the third runway at Heathrow is turning into a slanging match between pressure groups and politicians, and that the real opportunities to stimulate the UK construction sector are being lost due to a restrictive planning environment.

Titan believes that the sound argument for increased UK runway and airport capacity is getting lost in continual discussions about which is better, a third runway at Heathrow, or a new airport in the Thames Estuary.

Once campaigners sealed the fate of the third runway at Heathrow, attention then turned to what’s locally known as Boris Island (a completely new airport in the Thames Estuary just off the coastal town of Whitstable), but has now switched again to resurrecting the idea of a third runway at Heathrow.

Chief Executive Officer of Titan Construction Insurance, Basil Tsapralis, said:
“This is becoming a farce on an epic scale and the yo-yoing between a completely new airport and a third runway at Heathrow is proving a massive distraction. If we agree that the country needs increased airport capacity, then a decision needs making one way, or another, and quickly. And that decision needs to be made as it will stimulate the construction sector and save companies and skilled jobs which are struggling to survive in these harsh economic times. ”

Titan Construction Insurance is one of the largest brokers in the sector and believes it wins clients through a policy of using experienced advisors who guide clients through a complex cover and pricing choices.

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Titan Insurance Services Limited is an independent intermediary, is authorised and regulated by the Financial Conduct Authority
and is entered on the FCA register (www.fca.org.uk) under reference 308143
Registered Office: Caprini House, 163 to 173 Praed Street, London W2 1RH
Registered in England No. 2078796
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