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Charlie Conchie

Charlie Conchie

Oct 9, 2026

0:33
But I think it's more exciting that I maybe am making that sound.
0:37
I was going to say exciting parliamentary committees don't necessarily roll off particularly smoothly next to each other.
0:43
But...
0:44
There's two dates coming up next week, which in the grand scheme of, as you said, this long debate over Heathrow planning could be quite important.
0:53
Just as a, kind of background of where we are at the moment.
0:56
The government has currently gone out to consultation on a framework by which it will then judge the planning applications of the two different developers who are vying to win the role developing this runway.
1:09
All sounds quite dry, but the interesting part of it is we have had this slight change in the political weather around Heathrow Andy Burnham has been noticeably more soft on the Heathrow expansion than Rachel Rees and Keir Starmer were.

7 MINS LATER

8:54
What does what are these sort of data points tell us maybe about where the economy is headed, where our interest rates outlook is headed?
8:30
What's happened there, and what does it mean for the industry more widely?
8:32
Yeah, so this is a company called Alderley Group, which we've been looking into a bit over the past couple of days.
8:39
It was pitched to investors essentially as a, a means of making a very high return, up to 17% per year at times, whilst also, of course, doing your bit to help house people on low incomes in the north of England.
8:53
The actual sort of company itself hasn't really turned out that way.
8:57
Um, this was marketed as, as providing that sort of steady annual return with, as it said in some of its marketing materials, no risk at all.
9:04
No market risk, no construction risk.
9:07
We've been speaking to a, a few of the investors in that scheme over the past couple of days.
10:16
You'll be absolutely fine." But, uh, in this case, that's obviously not transpired.

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