Published on Wednesday, July 8, 2020

Rishi Sunak's Budget no help, says VIVID's Kane Pirie

VIVID Travel boss Kane Pirie has accused the Chancellor Rishi Sunak of leaving travel companies out of the support offered to businesses in his emergency Budget.

He said the Job Retention Bonus Scheme announced by Sunak, which rewards companies that take back furloughed employes, 'does nothing' for his company.

"We have kept the full team on throughout. We have also not been eligible for any of the loans offered," he said.

Pirie has been calling on the Government to give businesses a 12-month holiday from employer's tax, including National Insurance. He said that would reduce companies' wage bills by 13%.

"That would be more effective than any of the announcements made," said Pirie. "The Government inaction for travel is at odds with the warm words of encouragement."

He pointed out that travel was one of the first industries to be hit by the lockdown, companies have been forced to refund on an 'unequalled scale', and new sales are being hampered by 'a myriad of shifting risks and regulations'.

"The travel industry is losing businesses and jobs already. The industry is fighting hard for survival, but support is needed," added Pirie. "There is no end to the disruption in sight and realistically it could well be 2021 before confidence returns to the market."

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Are you worried about redundancy ?
YES 52.49 %
NO 47.51 %

Thank you for your vote

What is GoodtoGo?

Submit your news
or special offer

Current UK Special Edition

Current US Special Edition

Current Asia/Pacific Special Edition


Recovery Update: Cambodia, Vietnam, Myanmar, Laos, & China , with Mekong Tourism (Aug 5 )

James Thornton CEO of Intrepid Travel talks exclusively to TravelMole

Pure Michigan is prepared, protected and open for business - Next step International arrivals

Travel Industry Virtual Wellness Day Video