Airports: Business Rates
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the effect of business rates increases at Gatwick, Manchester and other UK airports on passenger ticket prices and airline route planning.
Answered by Dan Tomlinson
The government is committed to enabling investment so that airports can play their full role in the growth mission.
Properties seeing large bill increases as a result of the business rates revaluation - including airports - will benefit from a redesigned transitional relief scheme worth £3.2 billion over the next 3 years.
At Budget 2025, the government also published a Call for Evidence on Business Rates and Investment. It will explore the concerns that airports and a small number of other ratepayers have raised around the ‘Receipts & Expenditure’ valuation methodology and its impacts on long-term, high value investments. The government is seeking to address issues raised ahead of the 2029 revaluation, aiming to conclude this work in sufficient time before pre-list discussion commences.
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