Responding to today’s Spring Budget, Heathrow CEO John Holland-Kaye said:
On Air Passenger Duty:
“We’re disappointed the Government has not taken the opportunity to reduce air passenger duty. The increase today, and the signal of potential further increases in the coming years, hands a great advantage to our European competitors. If Britain is to be one of the best places in the world to do business then we must work towards abolition of this tax on British competitiveness, tourism, investment and trade.”
On incraesed investment and focus on technical education:
“We welcome the creation of ‘T Levels’ and extra funding for PHDs in STEM subjects which will help provide the workforce Britain needs for the future. Heathrow expansion, along with other strategic infrastructure projects, will create thousands of highly skilled jobs. These Government reforms are crucial to ensuring we can deliver a modern, affordable Heathrow and make sure today’s schoolchildren are able to make the most of the opportunities.”
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- If Britain is to be one of the best places in the world to do business then we must work towards abolition of this tax on British competitiveness, tourism, investment and trade.
- The increase today, and the signal of potential further increases in the coming years, hands a great advantage to our European competitors.
- These Government reforms are crucial to ensuring we can deliver a modern, affordable Heathrow and make sure today's schoolchildren are able to make the most of the opportunities.
