Did SNP Plan to Scrap APD Nudge Osborne?

Air Passenger Duty may generate £3.2 billion a year for the Treasury, but Guido wonders why George doesn’t just go out on a wing and get rid of the tax altogether. It would hardly be terminal for the UK economy – a projected fall in the deficit of £6.2 billion by 2015 would more than cover the cost to the Exchequer and the move would encourage more flights into to the UK.

There was a growing problem on the APD front too – all the evidence seems to suggest that the SNP are going to remove APD altogether on Scottish flights – creating competition from north of the border to Newcastle Airport in the soon-to-be Northern Powerhouse. That could be what made the idea fly…




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Quote of the Day

Philip Hammond uses a trip to Berlin to mock the Foreign Secretary:

“A compromise is the art of dividing a cake in such a way that everyone believes he has the biggest piece. Wise words with some applicability to the Brexit negotiations although I try to discourage talk of “cake” amongst my colleagues.”

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