No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Heathrow Airport will reportedly this month name Philip Jansen as its next chairman as it presses ahead with plans for a 50bn expansion.
According to Sky News, Jansen - the former chief executive of BT Group and now chairman of WPP - has held talks in recent weeks with some of Heathrow's major airline customers about the role.
Sky said sources close to the airport said that Heathrow's board and shareholders expected to announce his appointment as Lord Deighton's successor as soon as this week.
Jansen, whose candidacy was revealed by Sky News last month, has been picked partly as a result of his experience running a regulated utility in the form of BT.
He has also run companies including MyTravel, which was once one of Britain's biggest tour operators, and Worldpay, the payments processor.
A Heathrow spokesperson declined to comment to Sky on Monday.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.