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Budget 2025: What does travel want – and need – from the chancellor's Autumn Statement?

Government
Gary Noakes
25 November 2025

The travel industry has urged the government not to penalise ordinary consumers wanting an annual holiday when the chancellor delivers her Autumn Statement this week.

Chancellor Rachel Reeves reviews her speech ahead of the Autumn Statement
(Credit: HM Treasury / Flickr / Kirsty O'Connor)

Chancellor Rachel Reeves reviews her speech ahead of the Autumn Statement (Credit: HM Treasury / Flickr / Kirsty O'Connor)

A week out from Wednesday's Budget, Jet2.com and Jet2holidays chief executive Steve Heapy pleaded with Rachel Reeves not to target average income holidaymakers.

“I would ask the government not to continue using the airline and holiday industry as a bottomless pit of money – because any additional taxes would inevitably be passed on to customers,” he said, speaking as Jet2 revealed its half-year results.

Update: Key takeaways from the Budget