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International Business Times UK
International Business Times UK
National
Maybelyn B. Paden

Rachel Reeves Budget Update: Why UK Holidaymakers Face 'Inevitable' Airfare Hikes

Rachel Reeves United Kingdom RYAN
Chancellor Reeves guarantees paid placements after 18 months unemployed, targeting 621k youth in 2025 (Credit: AFP News)

British holidaymakers and business travellers may face higher flight costs as regional airports prepare for a rise in property taxes.

Under new government valuations, these essential transport hubs are set to see their business rates skyrocket, a move that experts warn will inevitably be passed down to the consumer in the form of higher ticket prices.

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