Heathrow Airport Warns of 'Own Goal' Business Rates Hike

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Recorded11 Nov 2025

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Heathrow Airport warns of a potential own goal for the Chancellors economic strategy, as a proposed five-fold increase in business rates could severely impact expansion plans and economic growth initiatives. The airport, one of the top UK business rate-payers, argues against the significant jump, which stems from a revaluation based on profits generated in 2024, not the pandemic-affected 2021. Additionally, a new ten pence in the pound supplement adds to the financial pressure. Heathrow urges the Chancellor to reconsider the increase and pursue a longer-term rethink of the business rates system.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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