Saturday, Feb 14, 2009
Where is my promised foreign investment?
Telegraph: Falling pound fails to boost tourism
Britain's tourism industry is failing to benefit from the weak pound, with latest figures showing a sharp drop in the number of foreigners visiting the country.
The number of visits to the UK was down 12.5 per cent to 7.45 million in the last three months of last year compared to the same period in 2007, according to the Office for National Statistics.
Posted by peter_2008 @ 02:06 PM (361 views) Add Comment
3 Comments
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1. Crunchy said...
That's because everyone Globally has less money now. D'oh, Gordon. Nice try to sell us down the river though! Future 0% GIT.
2. Eternal Sceptic said...
Who in their right mind would anticipate an increase in tourism, when the world is entering the mother of all depressions? Has everyone who contributed to this article gone to the planet zorg?
3. drewster said...
Most countries are feeling the crunch at the moment so no surprise to see fewer tourists here. Other countries are receiving fewer tourists too.
On my recent skiing holiday, none of the people in our chalet would have come if the price hadn't been dropped 40% in the last fortnight. Once in the resort, few people were drinking in the bars - but the supermarket was doing a brisk trade with people buying cheap wine to take back to their apartments. Nobody was shy about it either. Frugality is the new cool.