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Wednesday, 3 March 2021 15:57
UK Chancellor of the Exchequer Rishi Sunak today (3 March) unveiled an additional £65 billion/$90 billion tranche of funding in a budget centred squarely on supporting the country as it emerges from lockdown.
An extension to the furlough scheme, support for the self-employed, business grants, loans and VAT cuts bring the government’s total fiscal support to more than £407 billion.
But there was no direct mention of, or tailored aid for, the beleaguered aviation industry in the Chancellorâs 2021 budget address to the House of Commons, prompting consternation from sector leaders.
âSLAP IN THE FACEâ
The Airport Operators Association (AOA) called the budget âblind to the impact of the near-complete shutdown of international travelâ.