Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether granting of a planning permission for airport expansion, which has not yet been (a) started or (b) completed, would be deemed a material consideration in the business rates valuation of an airport by the Valuation Office Agency.
The Valuation Office Agency would not deem granting of planning permission for the physical expansion of an airport, which has not yet been (a) started or (b) completed, a material consideration in their valuation of that airport.