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Economy

Video: Watch TTG's turn of year interview with Mark Tanzer
Abta chief joins TTG’s James Chapple for a full and frank look back at 2021, and assesses the association’s work to lobby for a better settlement and future for travel post-Covid
Calls to end travel restrictions while Cyprus extends measures
The travel industry is eagerly anticipating a positive update on the government’s Covid travel restrictions on Wednesday
Confidence key to hopes of delayed or extended peaks
UK government action on Omicron, and that of the devolved administrations, likely to define whether travel enjoys strong turn-of-year sales, agents tell TTG
'It's time to look forward to travel truly roaring back'
‘Travel needs to work together with government to make 2022 the year when the wholesale decimation of an incredible industry stopped,’ writes TTG CEO Daniel Pearce
Testing shake-up and early warning of 2022 financial pressures
Government poised to partially relax PCR testing requirement, while consumers set to face bills hike in 2022
'Get in early' to secure new grant cash, agents urged
Agent campaign group Target echoes warning from Abta that agents will be up against businesses from other sectors in their bids for new Additional Restrictions Grant cash
‘Action to boost forward travel bookings is critical’
‘The UK travel industry is one of the world’s most successful and admired. To have its recovery threatened by government inaction and test firms cashing in is just plain wrong,’ writes Gary Noakes
Abta confirms agents eligible for fresh govt grant funding
Association urges agents in England to apply for a slice of the extra £102 million Additional Restrictions Grant cash announced by chancellor Rishi Sunak on Tuesday
Northern Irish assembly urged to 'step up and look after' agents
Economy minister Gordon Lyons told to take ‘urgent action’ to support agents with their counterparts in the Republic of Ireland set to benefit from a new €10 million business support fund
Travel 'left out in the cold again' as govt finds £1bn for hospitality
’The chancellor’s statement once again ignores the direct impact of government policy decisions on businesses reliant on international travel,’ says Abta
Pandaw to resume operations in September 2022
It comes after the Asian river cruise line secured funding to see it through till next Autumn
'Like hospitality, travel must unite – or fall'
’The need to create one organisation to speak for the entire travel industry has never been greater,’ writes Elman Wall co-founder Jonathan Wall
Travel industry fury at Sunak rushing to hospitality aid
The chancellor said it was a ’very concerning time’ for the hospitality sector
Agents facing 'triple whammy' in January as Omicron bites
Target campaign group warns of perfect storm of heightened restrictions stifling demand, bounceback loan repayments and Abta subscriptions
Pilots union makes fresh plea for £15m resilience fund
Balpa says cash needed to tide sector over due to drop in demand owing to the emergence of the Omicron variant of Covid-19 and the government’s response to it
'We can't close down the economy every time there's a variant of concern'
Heathrow boss John Holland-Kaye says temporary testing measures should be lifted immediately after the government emptied the red list with the Omicron variant becoming dominant
Javid: Travel restrictions could be rolled back 'very quickly'
Health sec says that if, as is likely, Omicron becomes the dominant variant of Covid-19, ‘there will be less need to have any kind of travel restrictions at all’
Travel 'wasting its time asking for sector-specific support'
On the Beach boss Simon Cooper tells TTG he doesn’t believe the government is likely to show any greater willingness to support travel given its scant support over the past 20 months
'New protection options will empower UK travel businesses'
Protected Trust Services financial director Tom Clay weighs up the pros and cons of trust accounts for TTG
Plan B under review as WFH set to return in Scotland
More Covid restrictions loom in the UK due to Omicron variant, ministers indicate, with Scotland already implementing measures
Javid hints at travel sector support if Omicron impact is prolonged
Health secretary promises update on new Omicron variant next week as MPs up the pressure on government over the effect of reintroduction of pre-departure testing on the travel industry
'Grant, Saj, Rishi – we just can't go on like this'
Back in the summer, industry leaders gathered outside Westminster for Travel Day of Action; spool forward five months, and Saturday might well go down in history as Travel Day of Rage
Omicron 'likely to impact last-minute Christmas travel'
Slow down in new bookings following emergence of new variant comparable with downturn following arrival of Delta variant in March
Aito members 'forced to think like start-ups again'
Members discuss challenges of being brought back to square one after nearly two years of pandemic upheaval