Gatwick airport business rates, Treasury financial impact on airports, UK aviation industry challenges

Has this government gone stark staring mad? The Times reports Gatwick airport has been told by the Treasury that its business rates bill is to be increased from £39million to £240million- almost the equivalent of the airport’s entire wage bill. We want companies to make money not…

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— Kelvin MacKenzie (@kelvmackenzie) August 15, 2025

Has this government gone stark staring mad?

The recent announcement from the Treasury regarding Gatwick Airport’s business rates has raised eyebrows and sparked outrage among industry leaders and the public alike. According to a report by The Times, Gatwick’s business rates bill is set to skyrocket from £39 million to an astonishing £240 million. This increase is almost equivalent to the airport’s entire wage bill, raising serious questions about the government’s approach to supporting vital industries.

The impact of such a substantial hike in business rates cannot be underestimated. It threatens the financial stability of Gatwick Airport and could lead to job losses, reduced services, and increased costs for travelers. As Kelvin MacKenzie pointed out on Twitter, this move seems counterproductive to the government’s stated goal of fostering economic growth and supporting businesses.

The implications of this decision extend beyond just Gatwick. Other airports and businesses might brace themselves for similar rate hikes, creating a ripple effect throughout the aviation sector. This could stifle investment and innovation when the industry needs it the most, especially in the wake of the challenges posed by the pandemic.

We want companies to make money not struggle under unsustainable financial burdens. This philosophy must guide government policy to ensure that businesses can thrive rather than be choked by excessive taxation.

As the debate continues, it’s essential for stakeholders—ranging from airport authorities to travelers—to voice their concerns. If you want to stay updated on this developing story, check out The Times for the latest insights and discussions surrounding Gatwick Airport’s business rates and the broader implications for the aviation industry.