Holiday Accommodation: Coronavirus

(asked on 11th May 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what plans his Department has to support holiday lettings businesses during the covid-19 outbreak.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 19th May 2020

The Government is committed to helping all holiday accommodation businesses through this crisis. We will continue to engage with stakeholders to assess how we can most effectively support the tourism industry during the recovery period.

We have announced unprecedented support for business and workers to protect them against the current economic emergency. This includes a Bounce Back loan scheme to help small businesses access loans of up to £50,000, with a 100% government-backed guarantee for lenders.

To accommodate certain small businesses previously outside the scope of the business grant funds scheme, the Government has allocated additional funding to Local Authorities in England in the form of a discretionary grant fund of up to £617m.

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