Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 December 2024 to Question 19711 on Airports: Business Rates, whether any changes have been made to (a) using profitability metrics and (b) other processes since the last revaluation to the Valuation Office Agency's methodology for valuing business rates.

If by “profitability metrics” and “other processes” the question is referring to the method of valuation adopted by the Valuation Office Agency for airports, then there has been no change since the last revaluation.