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Economy

'Missed opportunity': Travel lukewarm on chancellor's spring Budget
Industry reacts to chancellor’s move to hike APD on business travel and cut National Insurance
Agents reap rewards of strong demand amid stiff competition – at least for now
After peaks continued well into February, there’s no doubt 2024 has got off to a strong start – but could over-capacity dampen the feelgood factor?
Foreign travel topping consumers' spending list – Barclays
Bank’s latest consumer spend report makes for encouraging reading for travel agents, with consumers willing to prioritise holidays over other discretionary purchases
‘Travel's voice has been heard, but don't expect too much from Wednesday's Budget’
Abta’s director of public affairs, Luke Petherbridge, looks ahead to Wednesday’s Budget – the last before a general election
Advantage members seek help with Covid debts and high interest rates in spring Budget
Nearly half of Advantage members are still servicing Covid-19 debts, while just shy of a third said high interest rates were impacting their businesses
Travel vacancies see January jump but are far below 2023
The number of travel vacancies more than doubled in January but remain below 2023 levels, C&M Recruitment says
Data confirms solid January travel sales as spend hits £428m
Nationwide’s Spending Report reveals significant upturn in January holiday and airline sales
What does the Tui of the future look like?
Tui, led by chief Sebastian Ebel, has this week laid out its plans to extend its horizons into new markets – while also catching back up with Jet2 and fighting off easyJet holidays
Tui shares to be de-listed from London Stock Exchange this summer
Tui shareholders vote to move listing to Frankfurt and abandon London Stock Exchange
Tui blames Liz Truss financial disaster for ‘currency hit’
Tui says its Q1 profit – the first in its history – was helped by recovery in sterling compared with 2022 when Liz Truss and Kwasi Kwarteng trashed financial markets
‘Don't leave travel behind,’ industry urges chancellor ahead of spring Budget
UK Outbound Travel Group tells the Treasury how it should help the industry in next month’s Budget
Consumers ‘will spend more’ on travel in 2024 despite hardships, says NatWest
Consumers will continue to prioritise travel over other spend this year and are OK with dynamic pricing, NatWest reports
Peaks drives travel to third-biggest leap in January spending growth
According to new data from Barclays, travel was the third-biggest sector for spending growth in January, pipped only by spend on digital content and subscriptions and ‘other services’
The Big Question: Should the cruise sector shout about lower prices?
A sure-fire way to attract cruisers is to market lower prices – but what impact does this have further down the line?
‘Be like Bev and Trev and build your businesses on stone, not sticks and straw’
Once upon a time, Bev and Trev ran a travel agency. When a global pandemic hit, they rolled up their sleeves and worked all hours to look after their customers – this is their story
The Adventure People to double business size despite tough market conditions
Chief executive Chris Roche has told TTG the company will grow 100% this year – down from the 300% growth registered between 2022 and 2023
Jet2holidays trade sales chief: ‘Customers will demand more value for money in 2024’
Jet2holidays’ trade chief gives TTG his forecast for the year ahead while sharing why agents should book with him and not his competitors
Big three operators on a firm footing as they detail 2024 ambitions
Tui, easyJet holidays and Jet2 have had their books examined, and the results give us an idea of how 2023 went, and what to expect in 2024
The Big Question: Is it time for a change of government?
With prime minister Rishi Sunak compelled to call an election within the next 12 months, what’s at stake for travel?
Seven things that could shape agents' fortunes in 2024
At the start of a new year, we assess some of the challenges that could come to bear on travel agents – and the industry as a whole
Advantage peaks campaign to push added value of booking with an agent
According to head of marketing David Forder, the campaign will focus on highlighting the added benefits of booking with a travel agent
Holiday price hikes to slow next summer, Tui predicts
Tui has given a confident outlook for 2024, with no let-up in demand – and with package price inflation lower than in 2023
Iberostar's food offering to be 'at least 65% plant-based' by 2030
The group has announced its focus on decarbonising operations, as well as having a more effective approach to waste management
Why agents can't bank on travel being 'insulated' from the cost of living crisis forever
Despite an encouraging post-Covid rebound, and the recent Autumn Statement giving the nation’s finances a little boost, travel’s recovery remains fragile heading into Christmas and the new year