“These businesses will have earned no revenue since March and are unlikely to until the start of next year’s tourism season."
Addressing the House of Commons, 8 July, the chancellor unveiled a Jobs Retention Bonus, giving £1,000 to businesses who bring back employees from furlough
Tourism businesses, specifically tour operators and destination management companies, are at grave financial risk of collapse
The warning comes as the association releases its latest Business Barometer result
Joss Croft, CEO, UKinbound, has also called for the removal or deferment of VAT and PAYE payments
UKinbound has written to chancellor Rishi Sunak asking for an urgent Government intervention to protect the industry from effects of COVID-19
The loan scheme has been welcomed, but questions remain over the abolishment of business rates for some businesses
Joss Croft, CEO of UKinbound said: “This is a very stressful and worrying time for the UK tourism industry and travel and tourism worldwide."
Martin Fullard attended UKinbound’s AGM at the Mercure Bristol Grand Hotel to take a temperature test of the UK’s tourism sector
The new secretary of state for Digital, Culture, Media and Sport The Rt Hon Oliver Dowden MP and Nigel Huddleston MP as the new tourism minister were confirmed by Downing Street in the recent cabinet reshuffle