Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of Inbound Tourism Resilience Fund proposal set out in UKinbound’s letter of 14 January 2021.

The Government recognises the significant disruption the necessary actions to combat Covid-19 are having on sectors such as tourism.

During this difficult time the Treasury has worked intensively with employers, delivery partners, industry groups, and other government departments to understand the long-term impact of Covid-19 on all key areas of the economy and continues to do so.

We welcome views from external stakeholders such as UKinbound and encourage their continued engagement with the Department for Digital, Culture, Media and Sport as the government lead for tourism.

We will continue to monitor the impact of government support on public services, businesses, individuals and sectors, including the tourism sector, throughout this pandemic. The upcoming Budget will be an opportunity to take stock of our wider support and set out the next stage of our economic response; however it must be recognised that it will not be possible to preserve every job or business indefinitely, nor stand in the way of the economy adapting and people finding new jobs or starting new businesses.