John Holland-Kaye
Older than 7 days

Heathrow wants airport exemption from UK property tax

, © LHR

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LONDON - Heathrow Airport plunged to a 2 billion pound annual loss after passenger numbers collapsed to levels last seen in the 1970s during the pandemic. Heathrow called on the government to agree a common international travel standard to allow travel to restart in the summer and to provide tax breaks for airports.

The head of London's Heathrow Airport urged British finance minister Rishi Sunak to offer airports the same exemption from business rates property taxes that has been given to other sectors hit hard by the coronavirus pandemic.

"We want a level playing field so we don't have to pay that either," John Holland-Kaye, Heathrow's chief executive, told BBC television. "That is just fair."

He also joined calls from other business leaders for Sunak to extend his job retention scheme when he announces a budget plan on March 3.
© Reuters, | Image: LHR | 24/02/2021 08:58

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