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First & Foremost Asian Weekly in Europe
Vol 46 | Issue 11
Legal advice you can trust
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15th July to 21st July 2017
Let noble thoughts come to us from every side
Indian-origin businessman offers cheaper option for a third runway in London Heathrow Rupanjana Dutta The hotel magnate Surinder Arora is a long-familiar figure in the Asian community. A self-made entrepreneur, his group owns 16 hotels, most of which are around Heathrow, Gatwick, Stansted airport, making him worth over £220million with a big property portfolio. The jewel in his crown is the Intercontinental at the O2 centre in South East London and his business has reportedly made £11.7mn pre-tax profits on sales of £175.3mn last year. At 58, Arora is connected enough to count Tony Blair and Sir Cliff Richard as close friends, but he manages to keep a low profile. Arora who is often known to be soft spoken and sometimes even shy, is in the spotlight now, after he submitted plans for a third runway in Heathrow, which he says would be £5bn cheaper than the airport's current scheme. He has been supported by the British Airways as well as Virgin Atlantic, who have welcomed the initiative as a “fresh thinking”. Arora Group's proposals include changing the design of terminal buildings and taxiways, and reducing the amount of land it is built on. He is up against a corporation whose owners include Ferrovial- a Spanish infrastructure giant, The Qatar investment authority and CDPQ- a Canadian pension fund. Heathrow's boss is John Holland-Kaye, a former divisional director of Taylor Wimpey. Continued on page 16
Surinder Arora
World leaders gathered in Hamburg, Germany for the 12th edition of the G20 Summit 2017, held from July 7 to 8. Full Story on Page 26
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Seven Amarnath pilgrims dead, and 19 injured as militants hail bullets on a bus in Anantnag district. Full Story on Page 26
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