Tourism: Coronavirus

(asked on 3rd September 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what assessment he has made of the potential merits of increasing financial assistance during autumn and winter 2020 for the travel sector and travel agents sector to support that sector through the covid-19 pandemic.


Answered by
Andrew Stephenson Portrait
Andrew Stephenson
Minister of State (Department of Health and Social Care)
This question was answered on 11th September 2020

The Government recognises the challenging times facing the travel sector as a result of COVID-19. The sector is crucial to the UK’s economy and businesses across the industry will be able to draw on the unprecedented package of economic measures we have put in place during this time.

This includes a Bank of England scheme for firms to raise capital and the Coronavirus Business Interruption Loan Scheme which facilitates access to finance for businesses affected by the outbreak. Firms are also able to access ‘Time to Pay’ scheme which eases restrictions with tax bills and VAT deferrals.

The Department for Transport and other departments are in close contact with the travel sector ensuring that the Government is kept fully aware of the latest developments with all firms and to understand where additional policy measures should be considered to address specific industry issues.

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