Question to the Department for Transport:
To ask the Secretary of State for Transport, in reference to his announcement of additional financial support for airports on 24 November 2020, if he will set out (a) how much each airport will receive and (b) when funding will be available from.
On 24 November, the Government announced a financial support scheme to support eligible commercial airport and ground handling businesses by reducing cash burn and could unlock shareholder and lender support. This will provide support up to the equivalent of the site’s business rates liabilities in 2020/21 financial year, capped at up to £8m per eligible site, and subject to certain conditions. The scheme will open for applications in the new year, and we will be looking to make payments to successful applicants before the end of the financial year.