In complete contrast to the holidaying habits of the Blair family, Gordon Brown chose to take his holiday this year in Weymouth on the Dorset Coast. Is he setting us a good example? Should we all be holidaying at home to support the UK economy? In the article below, David Smith looks at the impact of holidaying abroad on the UK balance of payments.
Holiday at home and do your bit for Blighty Times Online (26/8/07)
|Examine the impact of growing overseas travel on the UK balance of payments.
|Assess the impact of a reduced tourism deficit on the rest of the UK economy.
|Discuss policies that the government could adopt to help encourage a reduction in the balance of payments deficit on tourism.