ABTA calls on new Prime Minister to help travel businesses through the cost of living crisis
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.”
Notes to editors
ABTA has been a trusted travel brand for over 70 years. Our purpose is to help our Members to grow their businesses successfully and sustainably, and to help their customers travel with confidence.
The ABTA brand stands for support, protection and expertise. This means consumers have confidence in ABTA and a strong trust in ABTA Members. These qualities are core to us as they ensure that holidaymakers remain confident in the holiday products that they buy from our Members.
We help our Members and their customers navigate through today's changing travel landscape by raising standards in the industry; offering schemes of financial protection; providing an independent complaints resolution service should something go wrong; giving guidance on issues from sustainability to health and safety and by presenting a united voice to government to ensure the industry and the public get a fair deal.