UK tourism deficit tops £1bn per month | Leisure Opportunities
Leisure Opportunities

Leisure Opportunities

Job Search
see all jobs
Job opportunities
Madame Tussauds
San Francisco, CA, United States
JORVIK Viking Centre
£20,000 per year
York, United Kingdom
360 Play
Farnborough, United Kingdom
Arena Racing Company
£20,000 pro rata (3 month contract)
Fontwell, United Kingdom
Forestry Commission
£29,401 - £32,486
Wendover, United Kingdom

UK tourism deficit tops £1bn per month

Job opportunities
Hull Culture and Leisure
30,785 - £33,437
location: Hull, United Kingdom
City University of London
£22,214 - £24,285 per annum
location: London, United Kingdom
Chesterton Sports Centre
£16,123 - £16,781 per annum, pro rata
location: Cambridge, United Kingdom
more jobs

Britain’s tourism deficit continues to widen, with the country currently losing around £1.1bn per month as UK residents spend more on overseas trips, while inbound visitors spend less.

Despite a rise in the number of inbound visits to the UK for a fourth straight year in 2014, Britain’s balance of tourism payments deficit is increasing, according to the latest figures from the Office of National Statistics.

The first three months of 2015 saw UK residents spend £6.8bn in overseas countries, while people visiting the UK spent £3.5bn. As such, the tourism deficit currently equates to £3.3bn per quarter – or £1.1bn a month – a marked increase on the £2.4bn gap from the same period for 2013. The figures also showed that visitors to the UK are spending slightly less per trip than they have in the past.

Overall, visitors to the UK typically spend more per trip than Brits travelling abroad, but there are far fewer of them. Around 73.9m overseas residents have visited the UK since the start of 2013, spending an average of £631. Over the same period, UK residents have spent £594 per overseas trip, but they have made 129m of them.

Although inbound visitor numbers continued to grow in the first quarter of 2015, the overall amount they spent fell by 10 per cent. Tourism bosses have long been campaigning for a reduction in VAT on accommodation and attractions, to place the UK in line with the rest of Europe and encourage additional spending. The Nevin report, commissioned by the Cut Tourism VAT Campaign, found that a VAT reduction from 20 per cent to five per cent for tourism businesses would provide a £4bn (US$6.7bn, €5bn) boost to the UK economy, create 120,000 jobs and put the UK back on a level footing with European tourism rivals.

The newly-appointed tourism minister Tracey Crouch has previously spoken out in favour of a reduction in tourism VAT and her appointment has unsurprisingly been welcomed by the industry.

“We look forward to working closely with John (DCMS secretary of state John Whittingdale) and Tracey, especially in leading the delivery of recommendations to reduce tourism VAT,” said BHA chief executive Ufi Ibrahim.

“The time has come for the hospitality industry to be empowered to help our economy reach its potential with more jobs, visitors and tourists across the UK.”

Sign up for FREE ezines & magazines
Britain’s tourism deficit continues to widen, with the country currently losing around £1.1bn per month as UK residents spend more on overseas trips, while inbound visitors spend less.
Increased spending by Britons abroad has contributed to the widening of the tourism deficit


Construction is underway on two new live music venues and a leisure-filled “urban gallery” in central London, designed by British architects Orms. The St Giles ... Read more
The UK attracted a record number of overseas visitors during June – thanks largely to the collapse in the value of the pound since the ... Read more
Gym and health club operators need to engage with their members and focus on customer service to help them retain numbers. In the latest issue ... Read more
European low-cost gym chain Basic-Fit is on target to open 100 clubs this year after it reported revenue growth of 26 per cent in the ... Read more
Culture and tech projects in the North of England will soon be able to bid for a slice from a £15m (US$19.3m, €16.5m) funding pie, ... Read more
Fitness franchise énergie Group has opened thé Yard - a new signature training concept that will be rolled out at its énergie and Fit4less clubs ... Read more
Active IQ
Active IQ
Swiss artist Felice Varini and the Chilean architecture practice Pezo von Ellrichshausen have been commissioned to design an ambitious temporary outdoor structure in the historic ... Read more
Tech startup Neurable has taken virtual reality to the next level, creating computer interfaces for the brain to allow users to control the technology using ... Read more
The historic Grayshott Spa in Surrey has been acquired by Austria-based health and medical resort specialists the Lanserhof Group. The family-run Lanserhof, which owns spas ... Read more
A curatorial development fund worth £500,000 (US$645,000, €550,000) has been created to help already established curators of museums and galleries in the UK learn new ... Read more
The All England Club is pushing forward with its plans to cover the No. 1 Court at Wimbledon. The new, retractable roof will form part ... Read more
One of the biggest misconceptions made in the physical activity sector is that retired people cannot train hard. Writing in the latest issue of Health ... Read more
Spirit Fitness UK
Spirit Fitness UK
One of the UK's biggest destination spas, the Lifehouse Spa and Hotel in the village of Thorpe le Soken, Essex, has had expansion plans scuppered ... Read more
Table Tennis England’s public funding has been reinstated after the national governing body finally agreed to a package of reforms compliant with the government’s Code ... Read more
An increasing number of local authority-owned leisure centres are being upgraded with spa facilities, as operators embrace the emerging trend to provide members with wellness. ... Read more
1 - 15 of 36,649