Britain’s controversial Air Passenger Duty is being increased again, leaving industry bodies in the UK furious over the decision by chancellor of the exchequer George Osborne.

British Airways (BA) has singled out the UK’s sky-high Air Passenger Duty (APD) tax as the main reason why it has decided to cut the amount of flights it makes to the Caribbean in 2012.

Time is money is a quote attributed to Benjamin Franklin, who was giving advice to young tradesmen.