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1192915
registered interest false more like this
date less than 2020-05-04more like thismore than 2020-05-04
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Airlines: Government Shareholding more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of the Government taking an equity stake in (a) British Airways and (b) other airlines that are domiciled for tax purposes in the UK. more like this
tabling member constituency North East Hampshire more like this
tabling member printed
Mr Ranil Jayawardena remove filter
uin 43219 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-05-11more like thismore than 2020-05-11
answer text <p>The Government recognises the challenging times facing the aviation sector as a result of COVID-19 and firms experiencing difficulties as a result of COVID-19 can draw upon the unprecedented package of measures announced by the Chancellor, including schemes to raise capital, flexibilities with tax bills, and financial support for employees.</p><p> </p><p>As the Chancellor set out in his letter to the aviation sector, should individual firms still find themselves in difficulty after exhausting all other options, the Government is prepared to enter negotiations with them as a last resort. Any intervention would need to represent value for money for taxpayers.</p><p> </p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Steve Barclay more like this
question first answered
less than 2020-05-11T12:43:49.09Zmore like thismore than 2020-05-11T12:43:49.09Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4498
label Biography information for Mr Ranil Jayawardena more like this