‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Budget: ‘Tax on holidays’ slammed by Butlin’s boss hospitality The chief executive of Butlin’s has slammed Rachel Reeves for introducing a ‘tax on holidays’ in her Budget today. Jon Hendry Pickup has argued that “hospitality businesses like Butlin’s remain caught in the crossfire of the Chancellor’s tax and spend ideology”. The chief executive was reacting to the ‘tourism tax’ which has been welcomed by [...]
Manchester unveils £15bn plan to become go-to tourist destination outside London hospitality Greater Manchester has unveiled plans to grow its visitor economy to be worth £15bn by the end of the decade in a bid to be the go-to tourism destination in the UK outside of London. The new strategy, which covers a five-year period through to 2030, aims to increase the region’s visitor economy from around [...]
Can Liverpool replace London as UK’s tourism capital? Business The Liverpool City Region is making a bold play to replace London as the tourism capital of the UK. Local leaders have unveiled a five-year plan which it hopes will boost the region’s economy, create jobs and become the go-to destination in the country. Liverpool has been emboldened in its ambitions after hosting major cultural [...]
London Big Bus Tours operator slashes loss as sales accelerate November 5, 2024 The group that operates London Big Bus Tours cut its pre-tax loss by more than $50m (£38.5m) during its latest financial year. Big Bus Tours Group has posted a pre-tax loss of $31m for the 12 months to 30 April, 2024, having made a loss of $82.4m in its prior year. Newly-filed accounts with Companies [...]
The View from The Shard remains troubled despite ‘positive’ outlook October 10, 2024 The company behind the viewing gallery at The Shard remained in the red for a fourth consecutive year despite it its revenue continuing to rise. The London attraction has reported a pre-tax loss of £678,839 for 2023, according to newly-filed accounts with Companies House. The total comes after the firm also posted a pre-tax loss [...]
London’s ‘only live guided’ open-top bus operator sacks its tour guides for computers May 9, 2024 An open-top bus firm that marketed itself as the only operator with a “live guide” in London has quietly sacked nearly all of its tour guides and replaced them with computers, City A.M. has learned.