Ahead of this month’s Budget, businesses are lobbying the chancellor for changes to the business rates system, while there are claims Heathrow is trying to drive through a massive hike in landing fees.
Here are the key headlines concerning travel on Thursday 14 October.
Interest rate rise threat adds to fuel bill concern
There is speculation the Bank of England will raise interest rates to 0.25% in December to curb inflation. Experts also tip rates to hit 0.75% by late 2022, a return to pre-pandemic levels. This would mean an extra £65 a month on a variable £200,000 mortgage. (The Telegraph)