Economy

Travel crunches Budget impact and red list to be scrapped?

The UK’s red list could be axed as soon as Monday, according to national press reports, while plans for an online sales tax are revealed and APD cuts criticised

'The decision to halve domestic APD is shameful'

‘We all have a role to play in tackling the climate crisis, although not – apparently – if you’re the UK chancellor,’ writes TTG editor Sophie Griffiths

Abta: Budget does not go far enough to support travel

Chief Mark Tanzer says with travel subject to tighter government-imposed restrictions than almost any other, its plight deserved greater recognition from chancellor Rishi Sunak

Boost for travel retailers as chancellor cuts business rates

Rishi Sunak announces welcome business rates relief next year in Autumn Statement

London-based budget travel firm fails

Cheap Cost Holidays traded under Atol 10947 but ceased trading on Tuesday (26 October), the CAA has confirmed

New Eurostar rival and aviation's sustainability headache

A new rail operator is hoping to secure slots to operate London-Paris services, while sustainable aviation fuel production is lagging behind need to meet 2050 targets

Scotland to ditch Day 2 PCR tests from 31 October

First minister Nicola Sturgeon confirms country will align with UK government and replace Day 2 PCR tests with lateral flow tests

Travel becoming a consumer spending priority again

Majority of companies believe the worst of the Covid crisis has passed, but a new TTG-PwC report reveals some of the challenges that yet lie ahead

Travel set for disappointing Budget and US border opening plans

Rise in wages for low paid expected, but no change to business rates in tomorrow’s Autumn Statement, while the US has indicated it will accept most jabs when it reopens its borders next month

'Pricing itself out won't help Heathrow, airlines – or agents'

Heathrow risks alienating leisure travellers next summer if its proposed increases in passenger fees go ahead

Holiday spend expected to top £40 billion next year

More than half of Brits planning overseas holiday in 2022, according to new data from American Express

Chancellor reportedly poised to raise Air Passenger Duty

Long haul travellers may have to pay more to fly as Sunak prepares to overhaul APD to reflect environmental damage

No more furlough and travel uncertainty due to case rates

The UK’s rising rates of Covid infection has led to concerns other destinations may follow Morocco’s lead, while the chancellor is unlikely to offer any further furlough support

Abta urges chancellor to extend financial support for travel

Chief executive Mark Tanzer said the right taxation framework needs to be in place to support the industry’s recovery

Budget must offer travel sector 'hope not fear', says MHA tourism boss

Head of travel and tourism for accountancy firm Rajeev Shaunak said chancellor needs to ’stand shoulder-to-shoulder’ with the industry

Travel Chapter to go public following 'staycation boom'

The holiday rental firm said its customer database had grown from 735,000 in May 2019 to 1.1 million in August 2021

Abta urges travel to tap unspent Covid grant funding

Hundreds of millions of pounds still available to agents and operators, association says

Agents helping UK tourism and recreation sector 'outpace' rest of economy

Growth in UK tourism and recreation sector output outpaced all others in September for the first time since January 2012

CMA launches legal action against Teletext Holidays parent

’The CMA does not consider Truly Holdings has done enough to provide refunds to package holiday customers with outstanding claims,’ said the authority

Calls to protect MPs and Stansted baggage 'chaos'

Security of politicians placed in the spotlight after David Amess murder, while passengers face baggage system problems at Stansted

'This is the major step forward we've been waiting for'

Delivering on its promise to replace expensive Day 2 PCR tests for UK arrivals with cheaper lateral flow alternatives completes a busy fortnight of positive changes to the UK’s travel rules

Call to cut business rates and anger over Heathrow fees

Bigger mortgage bills to come over the next 12 months, say City experts, as the industry lobbies chancellor for business rates reform

Go back to work urges PM and Facebook outage

Johnson to tell workers to return to the office while social media giant goes offline

Southall Travel Group's Covid refunds exceed £110m

The group said it is also repaying all funding received from the UK government’s furlough scheme