Bookings revival 'will be slower than hoped'

Bemoan, Chloe
February 2010
Travel Weekly (UK);2/12/2010, Vol. 5, p12
Trade Publication
The article presents the comments of Trevor Williams, chief economist of Lloyds TSB PLC on the spending habits of consumers in Great Britain, after the global economic downturn. William warns that it would take time before consumers were back on their previous spending habits. He envisages a near future of tight fiscal control, which would bring in a fear of unemployment and higher income taxes.


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