Liberal Democrat Spokesperson for the Treasury
attended an online meeting with key figures from the travel
industry this morning to discuss the issues facing the sector.
At the event, hosted by the travel industry publication Travel
Trade Gazette, attendees spoke of their frustration at lack of
sector specific support and clarity from the Government over
quarantine, the mounting debts many travel companies and tour
operators are facing, and welcomed the idea of the revenue
replacement scheme which the Liberal Democrats called for in the
Budget.
said:
"Listening to the issues faced by the travel industry it is clear
that the Government need to provide a much more tailored approach
for the sector, and that the sort of revenue replacement scheme
that the Liberal Democrats called for in the Budget would make a
real difference for many in the sector.
"They need clarity and consistency from ministers over travel
restrictions, quarantine, international vaccine passports and so
much more, to give both the industry and consumers the confidence
they need to be able to open up again.
"But there are also longer term issues over the debt burden, not
just through bounce back loans but the cost of transaction
payments on cancelled credit card bookings."
Ends
Notes to Editors
*The Lib Dems are calling on the Government to introduce a
revenue replacement scheme for small businesses, to compensate
them for the money they are losing while they have been forced to
close.
*In 2019 the outbound travel industry alone contributed £37.1
billion to the UK economy.
*In November, the Association of British Travel Agents, ABTA,
estimated the number of people in travel who have been made
redundant or placed at risk of redundancy as a result of the
coronavirus crisis, had increased from around 90,000 in August to
164,000.