To ask the Secretary of State for Transport, pursuant to the Answer of 9 June 2020 to Question 55045, how the Government plans to define value for money for taxpayers when assessing whether to make interventions in the airline industry in the event that airlines find themselves facing financial difficulties as a result of covid-19 outbreak.
15 June 2020
The Government has been clear that we will only consider bespoke support for businesses once all other avenues have been exhausted, including the economy-wide support announced by the Chancellor.
In considering whether there is a case for providing additional support, we would look at factors such as whether the business makes a material contribution to the economic activity of the UK and the equitable and fair treatment across businesses in the sector. Any support that is offered will follow the government guidance on Managing Public Money.