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Latest News

Travel & Tourism

Travel & Tourism

The holiday season is here… and UK residents are flying off to their holiday destination.
However, throughout the year people all over the world choose the UK as their holiday destination. In 2004 the UK had 27.7m oversea visits by 2017 that raised to 39.2m! Unsurprisingly, London is the UK’s most popular destination, followed by Edinburgh and Manchester.

 

The Tourism industry is so important in our nation. It is one of the greatest economic powerhouses in the UK:

40m International visitors come to the UK each year.

Employs 1.6m people.

It's worth nearly £70bn directly to our economy each year.


Estimates by 2025

Supporting almost 3.7m jobs, which is roughly 11% of the total UK number.

Tourism Industry could be worth over £257.5bn that's just under 10% GDP.

Almost 9m eatra visitors will come to the UK each year. 


Having a strong tourism industry is vital for many UK businesses, a key driver of investments and opportunities for local communities. The sector deal enshrines our support for those working in all types of tourism businesses, big and small.

Since the UK voted to leave the EU in June 2016, there has been marked growth in overseas buyers showing interest in the UK property market. Overseas buyers and investors are looking to capitalise on the weak pound and softening property prices amidst the continued uncertainty surrounding Brexit.


More Latest News

covid 19

COVID 19 - BCP Implementation

Service Update Over the last few weeks, we have been actively monitoring the development of Covid-19 and we have supported the UK Government’s approach by implementing a range of measures acros...

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update HS2

High Speed Update

On 11th February 2020, the Government announced that they have decided to go ahead with HS2. This means the works will continue to build a high-speed rail link between the North and South to connect m...

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Britain's Priorities

Since the General Election last year the property market has been the busiest it has been since the referendum in 2016, with the media reporting a rise in property prices. However ING International ha...

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predictions

The People's Predictions

Now it's 2020 and the General Election is behind us there have been many theories on what will happen to the property market this year… here are some predictions that have been published at the...

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