Press Release of the Day – 20th May

Heathrow’s contribution to councils and government is highest in the country

The importance of Heathrow airport to the local and national economy should not be underestimated says community campaign, Back Heathrow.

Last year the airport was comfortably Britain’s biggest payer of business rates, according to the Altus Group – paying a bill of £118m, which goes to local councils and central government, and ultimately funds public services.

Heathrow’s contribution to the public purse dwarfs the others in the top ten business rate-payer list, with Gatwick airport the second highest payer on £30.4m and Sellafield nuclear power station contributing £24m.

Other sites that depend on Heathrow’s existence also made the top 50. British Airways’ Terminal 5 building; BA’s world cargo terminal and the airline’s engineering base paid business rates of £13.8 million, £22.4 million and £13.1 million respectively.

– Ends –

Join our mailing list to receive Tomorrow’s Business every Monday to Thursday and learn which companies and business news topics will be making the headlines over the coming week.

  • We will use the personal details you share with us to provide you with the information you’ve requested, this will include the use of Cookies to enable us to share offers of other products or services we provide and which we feel may be of interest to you. We will not share this information with any third parties. Please read our Privacy Policy to see how we protect and manage your personal data.

  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden