Airports: Coronavirus

Treasury written question – answered on 22nd June 2020.

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Photo of Seema Malhotra Seema Malhotra Shadow Minister (Work and Pensions) (Employment)

To ask the Chancellor of the Exchequer, what support he is providing to airports in England and Wales in response to the economic effects of the covid-19 pandemic.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary

The Government recognises the challenging times facing the aviation sector as a result of COVID-19 and firms experiencing difficulties as a result of COVID-19 can draw upon the unprecedented package of measures announced by the Chancellor, including schemes to raise capital, flexibilities with tax bills, and financial support for employees.

As the Chancellor set out in his letter to the aviation sector, should individual firms still find themselves in difficulty after exhausting all other options, the Government is willing to enter discussions with them as a last resort. Any intervention would need to represent value for money for taxpayers.

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