Thursday 18 June 2020 5:27 am

The City View: 'The balance between medical risk and economic harm is not right' — Mark Tanzer, CEO of ABTA

In this episode Christian talks to Mark Tanzer, CEO of ABTA, the travel association, which represents the UK’s travel and tour operators. Mark gives a candid assessment of the challenges facing the sector and also of the government’s response to the crisis. He argues that the quarantine measures were badly conceived, badly implemented and badly communicated, and that the sector faces a wave of failures and job losses without immediate action to ease international travel this summer. Despite these concerns, he is optimistic for the long-term future of the industry, but says support is needed now in order to make the best of what remains of the summer.

Also in this episode, Christian looks at a new agreement to boost the UK’s space industry; Nationwide’s decision to hike the minimum deposit for a first time buyer; and gloomy data from employers bracing for the end of the government’s job retention scheme.

In association with ETX Capital

ETX Capital is one of the UK’s leading spread betting and CFD trading providers, offering services to retail, institutional, professional and high net worth customers via an award-winning trading platform. With over 50 years of experience in the financial markets, customers and service are always put first at ETX, and the company prides itself in offering a tailor-made trading experience to every customer. The multi-device TraderPro platform delivers a fully customisable, award-winning trading technology with customisable charts, instant execution and over 5,000 markets to trade.

Disclaimer: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting or trading CFDs with ETX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721. ETX Capital provides an execution-only service and therefore any market analysis, opinion, commentary or other information provided during this webinar is for educational purposes only and is not intended to be a personal recommendation or construed as advice. ETX Capital and the presenter are not financial or investment advisors and do not recommend any instrument of any kind.  Any instruments that are mentioned throughout are cited only for illustrative and educational purposes.

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