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By Guy Taylor The next runway in London will not be built at either Heathrow or Gatwick Airport, according to the chief executive of Ryanair. Michael O’Leary told City A.M. the proposals put forward by the UK’s two largest airports were “too expensive” and an additional runway at rival Stansted was more likely. The viability of both Heathrow and Gatwick’s multi-billion plans for extra runway capacity have been questioned fiercely in recent years, and neither project’s future is guaranteed as yet. Heathrow’s £14bn third runway proposal forms one of the most expensive private sector infrastructu…

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