ABTA calls on new PM to help travel businesses through the cost of living crisis

Monday, September 5, 2022

With the Rt Hon Liz Truss announced as the UK’s next Prime Minister, ABTA – The Travel Association has said the number one priority for the new administration must be acting on the cost of living crisis.

Mark Tanzer, Chief Executive of ABTA – The Travel Association said:

“The Conservative Leadership election is over and it’s now time for action. We heard more from Liz Truss over the weekend about what could be done to support people and businesses with rising energy bills – we now need to know what will be done, and by when.

“As it stands, Members have no protection from rising bills – they are feeling the impact now, at a time when they are also still trying to recover from the worst two years in the industry’s history. It is particularly important this Government takes account of the extreme pressure small and medium sized businesses are under.

“Introducing a cap on energy rates for businesses, extending business rates support and offering more headroom with the repayment of business loans taken on during the COVID crisis are all things the Government should be considering to help businesses weather the cost of living crisis. We’ve put many of these recommendations to the incoming Prime Minister already, ahead of their election, and will do so again in the coming days.”

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