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Treasury: Travel must now trade its way out of the Covid crisis

Government
James Chapple
17 September 2021

The Treasury has once again ruled out a targeted extension of furlough for the sectors hardest hit by the Covid crisis, such as travel, and suggested they must trade their way out of the pandemic.

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In a letter to TTG acting news editor James Chapple, exchequer secretary to the Treasury Kemi Badenoch said the government was confident its current package of support measures would provide "substantial support" to businesses as Covid restrictions are lifted and "trade begins to pick up".


Badenoch added it would be "challenging" to target furlough support towards specific sectors in a "fair and deliverable way", with some firms working across multiple sectors "creating distortion".


"It may not be the case that this is the most effective or sensible way to provide support for those sectors most affected by Covid-19," said Badenoch.