To ask the Secretary of State for Transport, what steps the Government is taking to support airport-based vehicle rental businesses over the next six months.
10 June 2021
The Government recognises the challenging circumstances aviation and associated business face as a result of Covid-19. Firms, across the economy, that are experiencing difficulties have been able to draw upon the unprecedented package of measures announced by the Chancellor. This includes support through loan guarantees, the Bank of England’s Covid Corporate Financing Facility and the Coronavirus Job Retention Scheme.
The extension of Government-backed loans and furlough payments announced at the Budget build on the support package available and will help ensure this vital and vibrant part of the UK economy is ready to bounce back in the wake of the pandemic.
We continue to take a flexible approach and keep all impacts and policies under review.