UK economy will remain tough in 2010

Burnham, Andrew
November 2009
Travel Weekly (UK);11/6/2009, p6
Trade Publication
The article focuses on the impact of the economic conditions in Great Britain on its tourism industry. It informs that Great Britain's economy declined by 0.4% in the third quarter of 2009. A mounting public sector debt will lead to a surge in public sector unemployment over the next two years, which will depress further the mass-market holiday demand. It reports that exchange rates heading for parity with the euro will cause reductions in demand for euro destinations such as Spain and Greece.


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