Monthly Archives: April 2017


Record Breaking Year for UK Cruise Market

25

Apr 2017

Record Breaking Year for UK Cruise Market

  Figures released last month by the Cruise Lines International Association (CLIA) revealed that a record 1.9 million cruise holidaymakers from the UK and Ireland took an ocean cruise in 2016. It puts the UK and Ireland as the third largest ocean cruising market in the world after USA and Germany. Germany overtook the UK and Ireland as the second largest market in in 2014 and the gap widened...

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UK Transits Overtake Embarking Passengers in 2016

20

Apr 2017

UK Transits Overtake Embarking Passengers in 2016

According to CLIA (Cruise Line International Association) the world market for ocean cruising increased by 4.4% in 2016 to reach 24.2 million passengers. Similarly, the European cruise market increased by 3.4% to reach 6.7 million passengers while the UK and Ireland market increased by 5.6% to reach 1.9 million passengers. On the face of it, it appears that the cruise market is growing at a...

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UK Ferry freight continues growth in first quarter 2017

13

Apr 2017

UK Ferry freight continues growth in first quarter 2017

The latest figures shows that the UK ferry freight market continues to grow. In the first quarter of 2017, there was a 4.3 per cent rise in freight unit traffic on the English Channel, Eurotunnel and Irish Sea routes compared with the same period in 2016 when Easter fell in March. The first quarter growth in 2016 was 5.3 per cent when Easter fell in...

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11

Apr 2017

Slight improvement in defined benefit occupational pensions

Deficit of defined benefit occupational pensions declines Data released today by the Pension Protection Fund (PPF) shows that the aggregate deficit of the 5,794 defined benefit occupational pension schemes in the PPF 7800 Index decreased over the month to £226.5 billion at the end of March 2017, from a deficit of £242.0 billion at the end of February 2017. As a result, the funding ratio...

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06

Apr 2017

Professional, scientific and technical services gaining ground

Professional, scientific and technical services on the up The turnover of professional, scientific and technical services companies experienced healthy growth of 7.3% in 2016 to reach £255.4 billion, with management consultancy and architectural/engineering services the two largest sectors of the market. Not only did these services experience strong turnover growth, they also grew their share of the UK economy. IRN Research estimate that in 2016,...

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