Firms resident in offices in London will again have to wait for a decision on Heathrow’s proposed expansion.
The airport is vital to the capital’s international appeal, however the government will now announce its conclusion on Heathrow’s development next year.
Transport secretary Geoff Hoon told MPs he had begun “considering the evidence” and claimed he needed more time to consider responses from the government’s consultation period.
“I share the desire on all sides of the House, and among the wider public, for this issue to be resolved. I am equally aware of the importance of reaching the right conclusion,” he said.
The government had earlier resolved that any expansion would have to meet strict environmental levels on noise and air pollution.
BAA, owners of Heathrow are keen the plans get the green light. “The economic benefits for the wider economy of a third runway at Heathrow are estimated to be £7 billion a year or £30 billion by 2030,” it claimed.