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‘Travel's voice has been heard, but don't expect too much from Wednesday's Budget’

Government
Luke Petherbridge
4 March 2024

This week’s Budget comes against the backdrop of the country entering a technical recession, the chancellor Jeremy Hunt signalling there is little headroom for tax cuts or new spending commitments, and the spectre of a general election looming large.

Air Passenger Duty – 7/10

Since 2021, average travel salaries have gone up by more than a third (Credit: iStock)

As a result, I would not expect to see many giveaways to business on Wednesday (6 March) when Hunt addresses parliament. 
 
In fairness, the government would no doubt remind us that business and growth were core focuses of November’s Autumn Statement.

They would likely point to measures such as confirmation of the retail business rates relief extension, which Abta campaigned for alongside other bodies across the sector, as one that will benefit many high street businesses – including travel agencies.