Local economy and businesses

Local economy and businesses

More information specifically about the local economy and businesses

Our submission to the Airports Commission described the likely impacts on the local economy and local businesses.

We have already published an engagement charter, which sets out the process for engagement and compensation for impacted businesses and landowners if a second runway were to be developed at Gatwick.

If you are unsure if your business premises would be affected by Gatwick’s plans, you can call: 01293 504083 or email: engagement.charter@gatwickairport.com

Below is some information on the specific issues that people have already asked us about and which were included in our submission to the Airports Commission, which may be useful at this stage:

Manor Royal Business District  
Lowfield Heath Industrial Estate 
City Place Gatwick 
Disruption to business during construction 
Gatwick's future labour market 
Gatwick's financing

We don’t know when the Government will make their final decision, so until then we can’t give firm indications on timings, or the process which will be put in place to take their decision forward. We have always said that if a swift decision is made, we could deliver a new runway by the end of 2025. Regardless of timings, any process will include substantial consultation with the local community, including local businesses. We will keep updating this website with more information as it becomes available.  

Manor Royal Business District 

The second runway scheme we submitted to the Airports Commission would result in the loss of a number of industrial and commercial properties on the northern edge of Manor Royal industrial estate, as they are on land required for future airport development.

We have published an engagement charter, which sets out how all businesses and landowners will be engaged and involved in the process. It explains the process for engagement and compensation from the initial announcement that Gatwick has been recommended by the Davies Commission, through to final arrangements for compensation or relocation.

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Lowfield Heath Industrial Estate 

The second runway scheme we submitted to the Airports Commission  would result in the removal of Lowfield Heath industrial estate, as this is on land required for the future airport development.

We have published an engagement charter, which sets out how all businesses and landowners will be engaged and involved in the process. It explains the process for engagement and compensation from the initial announcement that Gatwick has been recommended by the Davies Commission, through to final arrangements for compensation or relocation.

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City Place Gatwick

The second runway scheme we submitted to the Airports Commission would result in the removal of City Place, as this is on land required for the future airport development.

We have published an engagement charter, which sets out how all businesses and landowners will be engaged and involved in the process. It explains the process for engagement & compensation from the initial announcement that Gatwick has been recommended by the Davies Commission, through to final arrangements for compensation or relocation.

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Disruption to business during construction

We don’t know when the Government will make their final decision, so until then we can’t give firm indications on timings, or the process which will be put in place to take their decision forward. We have always said that if a swift decision is made, we could deliver a new runway by the end of 2025. Regardless of timings, any process will include substantial consultation with the local community, including local businesses. We will keep updating this website with more information as it becomes available.  

We have published an engagement charter, which sets out how all businesses and landowners will be engaged and involved in the process. It explains the process for engagement and compensation from the initial announcement that Gatwick has been recommended by the Davies Commission, through to final arrangements for compensation or relocation.

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Gatwick's future labour market

In our submission to the Airports Commission we set out the employment benefits of a second runway, and how the labour market will meet this growth. These are summarised below:

  • A second runway at Gatwick will generate great employment opportunities, and will be a catalyst for an expected 100,000 additional jobs across London and the South East region.
  • There are currently around 21,000 people employed on the airport, with a further 10,000 in airport related jobs in the local area.  The second runway could bring an additional 22,000 jobs.
  • The local labour market is forecast to grow significantly by 2030, even without expansion at Gatwick.  Therefore there will be a large catchment of people available to fill the additional jobs
  • The majority of our employees currently live within the Gatwick Diamond area and we would expect the majority of airport related workers to continue to live locally.
  • However while 32% of airport employees currently live in Crawley, other key areas are Reigate and Banstead, Mid Sussex, Horsham, Brighton and Hove, and Croydon.
  • We can tap into this workforce because of our good transport links. Croydon is only 14 minutes away from Gatwick by train.
  • Many people currently commute out of the local area to work, so additional employment opportunities would give more people the choice to be able to live and work locally.
  • Gatwick’s expansion would provide new opportunities for people who would otherwise be unemployed. Although the immediate area close to Gatwick has historically low levels of unemployment, the airports surface access connectivity means that Gatwick can be reached in less than an hour from 18 of the 20 most deprived areas in London and the South East region. 

Gatwick has also pledged £3.75m to help create 2,500 new apprenticeships for local young people. You can read more about this and our other pledges here. 

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Gatwick's financing 

Gatwick expansion will be delivered at a cost of £7.8 billion with private funding, with no additional public funding.

Gatwick Airport Limited is the company licensed to operate Gatwick Airport by the Civil Aviation Authority.

It is wholly-owned by Ivy Bidco Limited (Ivy), a company formed to undertake the acquisition of Gatwick. Ivy is ultimately controlled by funds managed by Global Infrastructure Management, LLC, part of Global Infrastructure Partners (GIP).
More information about Gatwick's ownership and management.

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