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Virgin Atlantic CEO says UK budget is 'tax on growth' with air duties set to rise

CNBC
Summary
Nutrition label

87% Informative

Air Passenger Duty, generally passed on to consumers by airlines, will increase on short-haul economy class tickets to 15 from 13 from April 2026 , with the rate on all other classes rising to 32 from 28 .

The head of the Confederation of British Industry said businesses were putting off decisions on expansion and investment in the wake of the budget.

Virgin Atlantic CEO Shai Weiss said both Labour and the previous Conservative administration had "not done enough to recognize aviation as a strategic asset".

VR Score

91

Informative language

92

Neutral language

71

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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