Future of the Coach Industry Debate
Full Debate: Read Full DebateDepartment: Department for Transport
Charles Walker
Main Page: Charles Walker (Conservative - Broxbourne)Department Debates - View all Charles Walker's debates with the Department for Transport
Future of the Coach Industry
Charles Walker Excerpts(3 years, 4 months ago)
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Sir Charles Walker (Broxbourne) (Con)
Golden Boy Coaches in my constituency is a family business. It has been run not for decades but for generations. The owners have never darkened my door before. They have got on with their lives and grown their business. They have provided services to generations of my constituents. Such businesses are part of our communities, as we have heard so eloquently from many other speakers. Now they face a lifetime’s work—generations’ work—going under because high maintenance levels, high debt levels and the high costs of compliance do not sit easily with no customers. No business sits easily with high fixed costs.
We have to get the economy moving again. Coach providers do the school run in the morning and in the evening, and the only reason that those two activities paid was because the providers did things in between. After the school run in the morning, they did trips to matinees and racecourses, and after the evening school run they went to the theatres and restaurants. These companies are absolutely on their knees. Golden Boy has a future, but that future does not look rosy. It could be a very small future without more Government intervention.
We in this place are excellent at spending money—we are brilliant at it. We are great at borrowing it; the Chancellor is fantastic at borrowing it, and we are really good at spending it for him, but we do not want to spend money that has already been spent. Money was spent on giving rate relief to the supermarkets, but well over £1 billion of it has come back. As far as the Chancellor was concerned, it had gone out of the door. He has got it back, but he did not expect to see it back, so I say to the Minister: can we not use some of that money—that £1 billion—to throw a lifeline to coach companies?
As I said at the start of my very brief speech, coach operators are the people we never heard from, who got on with their businesses, built their businesses and employed our constituents. They never troubled us, and now they need us, so we need to be there for them.