Portrait of the week | 7 June 2018
Home A third runway at Heathrow Airport was approved by the cabinet; £2.6 billion was earmarked for compensation and soundproofing. Northern Rail brought in a temporary timetable that removed 165 train services a day until 29 July, but scores more trains were still cancelled; all trains to the Lake District were cancelled for a fortnight. Thameslink and Southern also wallowed in incapacity. Petrol prices rose by a record monthly sum of 6p in May to an average of 132.3p a litre. The government reduced its holding in the Royal Bank of Scotland from 70.1 to 62.4 per cent, losing £2.1 billion on selling the shares which it bought to save the