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Marina Business Rates U-Turn Welcomed



Property consultancy Vail Williams has welcomed a Government U-turn on marinas being excluded from lower rate multipliers in the forthcoming business rates revaluation as a ‘victory for common sense’.


The firm, which acts for a number of the UK’s top marina operators covering multiple sites, is now conveying the news to clients.


This move brings marinas into the same category as retail and leisure businesses such as pubs and restaurants. Business rates will continue to be administered by local authorities.


The Valuation Office Agency (VOA) updated the rateable values of all commercial, and other non-domestic, properties in England and Wales which take effect from 1 April.


The Government announced that from 2026/27, existing business rate relief for retail, hospitality or leisure (RHL) properties would be replaced by a lower rates multiplier to calculate the business rates payable on those properties.


However, marinas were specifically excluded from the RHL lower rates multiplier and faced being subjected to the standard business rates multiplier which applies to non-RHL business properties.

Following a campaign backed by industry body British Marine, the Government has announced a refinement in the Statutory Instrument (SI) defining which properties would be eligible for the new RHL business rates multipliers that will be coming into effect in April.


Dan Tomlinson, Exchequer Secretary to the Treasury announced the change in a letter to British Marine CEO Lesley Robinson. He said:

“I recognise that marinas are distinct from transport properties and that they form part of the infrastructure of leisure activity. Furthermore, the intention has always been for the scope of the new multipliers to broadly reflect the scope of the current RHL relief. Thank you for bringing to my attention that local authorities are currently awarding RHL relief to marinas."

“The Government will therefore be amending the SI ahead of the policy coming into force on 1 April to remove marinas from Schedule 1. This means that marinas with rateable values below £500,000 and that are wholly or mainly used for leisure/recreational purposes will be eligible for the lower business rates multipliers.”


“Ahead of then, the online guidance will be updated, and local authorities will be made aware of the upcoming amendment.”


The reversal means that qualifying marinas will benefit from the 43 pence RHL rate, rather than the standard 48 pence rate.


Vail Williams partner and head of business rates Adam Barnfield said:

“This U-turn can be considered to be a victory for common sense and will benefit the vast majority of marinas which qualify for the lower business rates multipliers."

“However, there have been significant increases in the VOA assessments of the rateable value applied to marinas, with an average 23% increase in values and an additional £5.8 million of rateable value” – which equates to approximately £2.5m in additional revenue for the treasury.”


“Although this is obviously a welcome change in stance from Government, the increase in RV and the removal of the existing retail, hospitality and leisure relief will still have a significant impact on business rates liabilities.”


Ian Froome, Vail Williams partner and head of marine & leisure, added that the upcoming amendment regarding lower rates measures would be welcomed by marina operators as a silver lining, but there would certainly be increased costs all around.

“We cannot say there will be euphoria regarding this refinement in the revaluation process, but it is a cushioning of the significant increases faced by marina operators and should be accepted as such.”

Business rates revaluation 2026.


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  • lindaandrews071
  • Oct 20, 2025
  • 4 min read


Graduates are choosing not to take up careers in aerospace and aviation because they are considered not green enough, a conference has heard. Several speakers at the Farnborough Aerospace Conference said the trend was exacerbating an already difficult situation recruiting in the industry.


With the UK being a world leader in aerospace, growth could be compromised unless more talent enters the sector, delegates were told.


Stephen Cowan, Vice-President for Supplier Development and Strategic Sourcing at GKN Aerospace Defence, and former Chairman of the Aerospace Growth Partnership (AGP), was amongst those who raised concern. He said:

“Education places a strong emphasis on sustainability and the environment, and there is a common view that the aerospace industry's journey to net-zero will take decades."

“It is admirable that young people are concerned about the environment and sustainability, and if young people really want to change things then going into aerospace is a great option because it is a leading industry in innovation."


“It is creating sustainable fuels, new power systems with batteries and hydrogen, and there is a real commitment to get to net-zero flight. All these embryonic technologies are advancing quickly and will also be used to benefit other sectors."


"There's a common misconception that shop floor manufacturing is outdated, while industries like automotive are viewed as more modern and clean. In reality, aerospace is advancing rapidly, with smart technologies and innovation driving significant changes across the sector."


“At GKN Aerospace, we have global technology centres where hundreds of engineers collaborate closely with colleagues in the eco-system and from universities and knowledge institutes to develop and mature sustainable technologies, such as lightweight composites and hydrogen propulsion, ensuring we stay at the forefront of net-zero aviation."


“This shift isn't just limited to engineering and manufacturing – HR, finance, and other office-based roles also benefit from this dynamic environment. While young talent may be drawn to industries perceived as more environmentally or socially responsible, aerospace is equally committed to sustainability and offers rewarding, impactful career opportunities in these areas."


"We need talented minds to join us in staying at the forefront of sustainable aviation development, ensuring we continue to lead in innovation and progress. The new government has put an emphasis on growth and acknowledged that aerospace is an important sector. What we need now is for graduates and school leavers to go into aerospace."

“STEM teaching and apprenticeships have made a difference, but the work must start in primary schools.

“Aerospace and aviation are on the cusp of a revolution that will have the same sort as impact as Whittle’s jet engine did. Everyone in the sector wants clean, sustainable flight and it is achievable. It is now enshrined in law by the UK Government by 2050. The more bright minds who take up the challenge, the quicker we’ll have it.”


Harriet Woollerton, service director for ADS, the aerospace, defence, security and space trade association, told the conference:

“The Great Rocket Challenge is an example of how schools can introduce children to the sector, but business should play its part. The Great Rocket Challenge is an example of what can be done, but schools have budget constraints so this is something where businesses can help."

“Donating a few hundred pounds to a school so it can enter the challenge and then perhaps lend some employees to help build a rocket would enable the students to compete against schools from other countries.”


Other delegates spoke about the ignorance of children when it came to aerospace and that awareness about it as a career was vital.


Alan Fisher, FAC’s CEO, said:

“We engage with industry, government, and academia to address skills issues not just in the south-east where aerospace is centered, but countrywide. There is a perception issue. Aerospace is responsible for less than two per cent of the world’s emissions but you’d think it was 99 per cent if you listen to some commentators."

“Most goods around the world are carried by ships which are often extremely bad for the environment.

“People don’t often see shipping, but they will see planes overhead and notice the contrails and that reinforces the perception."


“We had a series of excellent speakers, several of whom noted that young people were choosing not to enter the industry because it was considered harmful to the environment. But sustainability is not just an add-on anymore in aerospace, it’s essential for future business.”


Dr Stephen Curran, an education expert who advised the government on the 2014 curriculum, said:

“I’m very much in favour of technological advance. We need to deal with environmental problems through technology and innovation – not by stopping things. So we definitely need more emphasis on these types of careers. And we need to introduce children to them from a young age, then as they get older they are more likely to pursue them."

“In Germany, for example, 70 per cent of students move in a vocational direction at 14 years of age. We don’t do that here. Also in Germany only 30 per cent or so of its young people go to university. The others are in vocational and technical training."


“We have introduced ‘T’ Levels; technical-based qualifications that employers and businesses helped develop and are two-year courses for 16-18-year-olds. These are a good idea and should be developed."

“There is also the messaging about climate and the environment. It is important of course but it has to be contextualised and clearly if industry has identified an issue it must be addressed.”

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