Budget 2024: What does the chancellor's statement mean for travel?

One thing confirmed was an expected increase in Air Passenger Duty. Reeves said APD “hadn’t kept up with inflation in recent years”. She said the increase would be “no more than £2” on economy class short-haul fares. It means the rate on a flight to Europe will rise to £15. However, Reeves said APD on private jet flights would increase by “up to” 50%, meaning APD of £450pp on a private jet flight from the UK to California. It is estimated changes will raise an extra £500 million £600 million a…

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