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GTMC responds to Autumn Statement

In response to the changes announced by Chancellor George Osborne’s Autumn Statement Paul Wait, chief executive of the GTMC commented:
“The extension of support for small businesses and government-backed venture capital funds for SMEs, coupled with £45m extra support for exporters are both good news for the continued growth of UK PLC at a grass roots level.

"By the same token the government’s support for export businesses would be even more welcome if supported by an elimination of APD altogether, thereby removing penalties for those seeking to do business abroad, a key driver of economic growth at home. It is encouraging to see the Chancellor’s continued focus on reform to the APD system, albeit addressing leisure travel ahead of business travel with the scrapping for under-12s and under-16s over the next two years.  

"We welcome the Chancellor's comments that it is “imperative that we connect British firms to the faster growing emerging economies of Asia, Africa and South America." We therefore continue to call on the Treasury to eliminate APD entirely and support the expansion of hub airport capacity in the South East, thereby removing restrictions to trade and supporting further still an export-led recovery.  

“For the domestic business traveller the replacement of newer trains on Northern rail and investment in rail infrastructure are also welcome. Greater connectivity and improved facilities onboard trains are key to enabling business travellers to work throughout their journey. Not only does this boost productivity and business efficiency but greater investment in connections across the country presents a real opportunity for economic growth across the UK.”  

"We also welcome comments in response to the Autumn statement from Shadow Chancellor, Ed Balls MP, who has called upon the Chancellor to work within Government to ensure that northern airports are not put at a disadvantage by last week’s decision to devolve APD to Scotland. For UK plc to continue to grow due diligence must be given to the opportunities for travel to and from the regions as well as the south east."  

Representing a diverse range of travel management companies – from global companies to small independent specialists and top regional agencies – the Guild of Travel Management Companies (GTMC) is the voice of business travel and acts to lobby those who have an impact on the business travel community, together with promoting the activities of its members as the best in quality and value to the business traveller.

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