Tourism: Finance

(asked on 14th September 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 additional (a) business and (b) financial support for the tourism industry he has discussed with the Chancellor of the Exchequer.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 21st September 2020

We are in regular contact with the Treasury regarding the impact of Covid-19 on tourism and hospitality. We continue to monitor the situation and are taking steps to support the sector as it moves to the autumn season.

As well as providing business support and stimulating consumer demand via domestic marketing activity and through the recent Eat Out To Help Out scheme, the Government has implemented a series of financial measures that will assist tourism business over the coming months. This includes the cut to VAT which will last into January and business rates relief for hospitality, retail and leisure businesses, which will last until the end of March.

We are continuing to engage across Government and with stakeholders to assess how we can most effectively support the recovery of tourism and hospitality across the UK.

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