22-Mar-2011 12:07 PM
UK APD increase expected to be frozen
UK Chancellor of the Exchequer George Osborne is reportedly expected to freeze plans to increase the Air Passenger Duty when he presents the Budget on 23-Mar-2011 (Wall Street Journal/Telegraph/AOL/CIT Magazine, 21-Mar-2011). Under plans introduced by the previous government, the Treasury was due to bring in the rises next month, in line with inflation.