Published on : Thursday, March 23, 2017
With the Chancellor set to deliver his Spring Budget on March 8th and lay out his financial plans for the country, the North East’s largest airport is calling upon the Government to honour previous commitments that could help safeguard the region’s economy.
In 2015, David Cameron, made it clear that the government would not allow airports and regions to be adversely impacted by the devolution of APD. During the General Election campaign, he said:
“The SNP Government in Scotland is committed to using its new powers to cut and eventually abolish Air Passenger Duty from Scottish airports. This could distort competition and see business drawn north of the border with a huge impact on airports in the rest of our country so we’re reviewing the way Air Passenger Duty works to make sure other cities don’t lose out.
“We are not going to accept a situation where there’s unfair tax competition. We will do what’s necessary to make sure England’s regional airports can succeed.”
With Scotland having now introduced its Air Departure Tax Bill as a replacement for APD and committed to reducing it from 2018, Newcastle Airport maintains the view that the Government should commit to matching any reductions in Scotland across the rest of the country.
Nick Jones, Interim Chief Executive at Newcastle International Airport, said: “The impact of changes to Air Passenger Duty in Scotland on both the Airport and the North East economy is so great that we must raise this important issue back up the Government’s agenda.
Source:-Newcastle International Airport