A watchdog investigation into testing could result in lower holiday expenses – a ‘family of four could save £166.’
Due to the exorbitant costs, TESTING FOR TRAVEL has become a major issue for many families. The Competition and Markets Authority (CMA) has initiated a new investigation in order to reduce costs.
The Competition and Markets Authority (CMA) is looking into the cost of PCR tests for travel. It comes amid claims that rising airfares are making overseas travel unaffordable for millions of people.
The CMA will present its findings and recommendations to Secretary of State for Health Sajid Javid, following which analysts anticipate a significant reduction in the cost of tests.
“The decision to bring this issue of exorbitant pricing by some testing companies to the competition watchdog is long overdue,” said Avi Lasarow, Project Screen by Prenetics’ EMEA CEO.
“Pricing strategies for companies on the Government list must be responsible.
“Some testing companies have taken advantage of the list, luring customers in with deceptive pricing and then giving tests that are up to nine times more expensive.
“However, the simplest approach to reduce the cost of tests is for the government to eliminate VAT on Holiday COVID tests.
“A family of four going from London to Majorca might save £166 if VAT were eliminated, which would cover the cost of the flights.”
Mr Lasarow believes that this will make travel “safer and less expensive,” as well as give the travel industry a “boost.”
“The government must take measures to ensure private testing for travel is affordable for all UK customers – not just those who are better off,” Rory Boland, Which? Travel editor, added.
“An unprotected visitor returning to Spain currently requires four tests totaling approximately £219 per person, and even if you are vaccinated, the cost is still close to a hundred pounds.
“A large portion of the cost is due to the high cost of tests in the United Kingdom.”
The consumer rights organization stated that it has been “warning the Government for several months” about the cost of travel-related testing in the United Kingdom.
It is “relatively and prohibitively costly,” according to Mr Boland.
On Friday, the health secretary wrote to the CMA, calling high-priced tests “exploitative” and “unfair.”
In a letter to CMA Chief Executive Dr Andrea Coscelli, Javid said, “The cost of PCR testing can operate as a barrier, especially for families who want to travel together.”
“We are aware of concerns concerning the shifting markets for Covid-19,” a CMA representative stated. Brinkwire Summary News