Travel has given chancellor Jeremy Hunt’s spring Budget a lukewarm reception, criticising his plans to increase Air Passenger Duty (APD) and his failure to deliver a tax-free shopping scheme.
Hunt delivered his spring Budget on Wednesday (Credit: @Jeremy_Hunt / X / HM Treasury)
The key takeaways for travel from Wednesday’s Budget (6 March) were a yet-unspecified increase in the rate of APD paid by business class passengers and a reduction in National Insurance.
Treasury documents indicate the increase in APD is expected to raise an additional £110 million next year (2024/25), rising by a further £10 million every year through to 2028/29.
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