Heathrow, Gatwick Among Losers in UK Property Tax Shake-Up.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sidders, Jack 3 of 3

Abstract

The article discusses significant increases in the valuations of the UK's largest airports, power stations, and transport infrastructure, which will affect business rates for the upcoming year. Heathrow Airport is projected to experience a 353% increase in its rateable value, while Gatwick and Manchester Airports are expected to see increases of 280% and 245%, respectively. These changes are influenced by the recovery from the pandemic and rising energy prices due to geopolitical events. Additionally, the overall business rates bill is anticipated to rise over 10%, reaching £37.1 billion, as part of a strategy to provide permanent relief for smaller businesses in retail, hospitality, and leisure sectors. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Geography and Cartography
  • Publication Date:2025
  • Accession Number:189598467
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