This is really very good news indeed. →[More:]I live far enough away from Stansted that I'm not affected by planes, but have friends who live at Takeley who were in danger of losing their home and business in the airport expansion. Stansted is just at the point of Essex where the urban fingers that reach from London via Harlow end and the old money part of the county begins. Some beautiful villages, farmland, and part of Hatfield Forest, would all have been lost or ruined in the airport expansion.
I know this isn't the end of it, and ultimately BAA will probably get their way, but the evil day is put off for a few more years.