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'Why, chancellor, has travel once again been left out in the cold?'

Sophie Griffiths
3 March 2021

"One of the hardest-hit sectors has been hospitality and tourism," announced Rishi Sunak in the Budget. He’s right. But in one fell swoop the chancellor demonstrated yet again the government’s total lack of understanding about the complexities of the UK travel industry.

(Credit: HM Treasury)

One would have hoped Sunak included the UK travel industry in his definition of “tourism”. He certainly should have – ONS data last month showed turnover among travel and tourism businesses as a whole dipped to 26% of pre-pandemic (February) levels in May 2020.

Among these, the ONS noted that accommodation and travel agency businesses were hardest hit, with turnover falling to 9.3% of February levels in May and peaking at only just over 60% in August when some travel resumed.