questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 March 2026 to Question 118908, what assessment underpins increases in rateable values of up to 295% for UK civil airports between 1 April 2021 and 1 April 2024; and what specific economic indicators were used to determine those increases.
answerText: All assessments are underpinned by statutory assumptions defined in Schedule 6 of the Local Government Finance Act 1988. For the 2026 revaluation, we consider general economic circumstances and the receipts and expenditure relevant to individual airports ...
heading: Airports: Business Rates