Airport operator BAA has said it will sell Stansted Airport following a three year battle to hold on to the Essex airport.
The company was told it must sell Stansted by the Court of Appeal in July because of competition concerns.
BAA, which also owns Heathrow, said it will not appeal to the Supreme Court over the decision and that it is now proceeding with the sale.
A statement by the operator said: "We still believe that the Competition Commission ruling fails to recognise that Stansted and Heathrow serve different markets."
More to follow...
