FIRST DAY OF OPERATION AT HEATHROW TERMINAL 5

That this House records that the new Terminal 5 at Heathrow took over 15 years to plan and build and cost £4.5 billion and yet on its first day of operation the infrastructure at the airport went into meltdown with massive disruption of flights and huge customer inconvenience and dissatisfaction; notes that the Chief Executive of British Airways has taken full responsibility for the fiasco while making it abundantly clear that he has no intention of resigning despite the damage that has been done to the reputation of private enterprise and the country; and believes that chief executives of public limited companies should be held accountable for their actions and not rewarded for incompetence by clinging on to their jobs.