UK economy to lose £22b this year as virus ravages tourism, says industry body

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LONDON: Britain's economy will lose about £22 billion (RM120.56 billion) this year on the coronavirus-induced collapse of global travel, which could i...

The Shard is seen from a near-empty open-top tourist tour bus in central London on Aug 24, 2020. For those tourists who do run the gauntlet of Britain's rapidly-changing quarantine rules, the calm in the city these days is refreshing. – AFPPIXBritain's economy will lose about £22 billion this year on the coronavirus-induced collapse of global travel, which could imperil three million jobs, an industry body forecast today.

It continued:"The severe impact on UK travel and tourism is laid bare by WTTC as the economic fallout from coronavirus continues to burn its way through the sector. Travel has also been discouraged after the UK government recently reimposed quarantine on those returning from nations including Austria, Croatia, France, the Netherlands and Spain.

"The lack of international travel caused by the pandemic could wipe out more than £22 billion from the UK economy alone... from which it could take years to recover.

 

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