Heathrow (Third Runway)

The Liberal Democrat party may be the last party on the planet to notice that we are in the middle of a global economic slowdown. I regret that slowdown and I am very sorry that businesses around the world are having to reduce costs. I know that the Liberal Democrat party is not most economically literate party, but I should have thought that even the hon. Gentleman would have noticed that there are some economic problems out there in the real world—although I know that that is not a world that he inhabits very often.