questionText: To ask the Chancellor of the Exchequer, pursuant of the Answer of 20 December 2024 to Question 19700 on Airports: Business Rates, if she will make an assessment of the potential impact of (a) the rates revaluation in April 2026 and (b) the surcharge for hereditaments above £500,000 Rateable Value from April 2026 on (i) economic growth, (ii) international competitiveness and (iii) airfares.
answerText: The Government recognises that in the post-COVID world, expected valuations for airports at the 2026 revaluation amount to significant increases. The aviation sector is in conversation with the Valuation Office Agency (VOA) about their 2026 draft rateable...
heading: Airports: Business Rates