Articles tagged “brexit”

While most economic forecasts think that leaving the European Union will be bad for the United Kingdom, uncertainty over how, when, or even if, Brexit occurs is doing plenty of damage at the moment.

Inquiries like these are often pretty brutal on company executives. Former CEO Peter Fankhauser shoulders a lot of responsibility for what went down at Thomas Cook, but he's not the only one at fault. The actions of his predecessors, as well as the UK government itself, are likely to also come under scrutiny.

The United Kingdom hasn’t left the European Union just yet, but the impact of the Brexit vote is already being felt by the travel industry. Things will likely get worse when the UK actually leaves.

What will happen with Brexit is still anyone's guess. But the end of the "freedom of movement" — which is the most likely outcome in the event of any Brexit deal or no deal — will present existential hiring challenges for the tourism sector's labor force.

The UK is an important contributor to global travel, but the uncertainty over Brexit will impact its place in the world and its residents’ willingness to spend on international vacations. The questions are just how and where the impact will be felt most.

On World Tourism Day, it's worth pointing out that politics and tourism don't exist independently of each other — they collide.

Compared to continental Europe, employees in the UK are much more likely to view Brexit as a good thing for company travel. With that said, the deadline for a deal is fast approaching, and no one is quite sure what the outcome will be.

Clearly, presenting Brexit from an economic angle versus a political angle has a big impact on how British business travelers respond.

European visitors make up a small part of Scotland's tourism pie — but they are still an important part. Like other big geopolitical changes, Brexit offers up plenty of uncertainty, which often isn't great for tourism.

We know how hot the European Union is on data protection — just look at GDPR — so it's no surprise that it hasn't hurried through legislation to cover a no-deal Brexit. It leaves companies facing an uncertain future should the UK crash out on October 31.