ABTA has written to the Government ahead of this year’s Budget to set out its priorities for the industry, including offering business rate support for retail stores.
Writing to the Chancellor of the Exchequer Jeremy Hunt, ABTA has said its submission ‘emphasises the importance of outbound travel and tourism to the UK economy, and the popularity of overseas holidays with the public’.
ABTA added with a General Election expected within a year, it was important to represent the industry.
The letter includes a focus on business rates support for retail businesses, as many are still paying off COVID debts and facing higher operational costs.
It also calls for a review of the UK’s regulatory, taxation, and business support frameworks to help the industry’s transition to net zero and ‘ensure the UK is best placed to maximise associated job creation and economic opportunities’.
ABTA Director of Public Affairs Luke Petherbridge said: “It is always important to press home the policies which will help our sector to thrive, ahead of any Budget. But with a General Election certain in the next 12 months, it’s important to strongly represent travel and tourism both now and throughout the year.
“Our Budget submission is one of the many ways in which ABTA will be speaking with politicians across the political spectrum, to help realise our sector’s potential for growth and contribution to the UK economy.”
The spring Budget will take place on 6 March.
The post ABTA writes to Government to set out travel priorities ahead of Budget appeared first on Travel Gossip.
Continue reading...
Writing to the Chancellor of the Exchequer Jeremy Hunt, ABTA has said its submission ‘emphasises the importance of outbound travel and tourism to the UK economy, and the popularity of overseas holidays with the public’.
ABTA added with a General Election expected within a year, it was important to represent the industry.
The letter includes a focus on business rates support for retail businesses, as many are still paying off COVID debts and facing higher operational costs.
It also calls for a review of the UK’s regulatory, taxation, and business support frameworks to help the industry’s transition to net zero and ‘ensure the UK is best placed to maximise associated job creation and economic opportunities’.
ABTA Director of Public Affairs Luke Petherbridge said: “It is always important to press home the policies which will help our sector to thrive, ahead of any Budget. But with a General Election certain in the next 12 months, it’s important to strongly represent travel and tourism both now and throughout the year.
“Our Budget submission is one of the many ways in which ABTA will be speaking with politicians across the political spectrum, to help realise our sector’s potential for growth and contribution to the UK economy.”
The spring Budget will take place on 6 March.
The post ABTA writes to Government to set out travel priorities ahead of Budget appeared first on Travel Gossip.
Continue reading...
