Jul 2016

A million UK port of call cruise passengers.

In 2015, a record of a million port of call cruise passengers visited UK ports. It was a 10% increase on 2014 to reach 1.017 million passengers. The number of port of  call visits has increased every year for the last 8 years and unless there is a significant change in underlying trends we should see the million mark exceeded again this year. Click here...

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Jul 2016

Brexit to fuel inbound seaborne tourism

We commented on the  International Passenger Survey (IPS) statistics that showed that inbound tourism by sea increased by 288K visits while outbound tourism by sea in 2015 declined by 237K visits.  44% of sea tourism was inbound in 2015. If the trend continues it will not take long for inbound sea tourism to overtake outbound sea tourism. The run up to the Brexit vote saw...

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Jul 2016

Google searches show recession is on the UK’s mind

Searches on news shows clearly how Brexit has sparked a concern about recession among UK web searchers. Post-Referendum there has been a spike in searching for both recession and the EU related words and phrases. Brexit, EU and Recession are becoming linked in the minds of UK consumers and businesses.   Search for the term Brexit recession and recession on news Search for...

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Jul 2016

What a difference half a year makes

It was only around six months ago that the Bank of England in this Financial Stability Report talked of the UK emerging from the financial crisis. Stability was the theme of the report, with the Bank focusing on preventing external economic shocks knocking the UK recovery off course. Fast forward to today and the tone of the Bank’s July 2016 Financial Stability Report could not...

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Jun 2016

Inbound and outbound sea tourism trends

Our news item in May 2016 highlighted the growth in inbound and outbound UK tourism in recent years with inbound growth in 2015 of 5.1% to reach 31.6 m overseas resident visits and outbound growth of 9.4% to 65.7m visits of UK residents going abroad. A closer look at the International Passenger Survey (IPS) statistics shows that inbound tourism by sea increased by 288K visits...

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Apr 2016

The death of annuities has been greatly exaggerated

Consumers owning defined contribution pensions cashing in their pension pots to buy themselves a Lamborghini was probably the most striking scenario envisioned after the new pension freedoms came into force in 2015. But contrary to this vision, consumers have shown themselves to be far more responsible and rationale with their money. After an initial burst of taking cash from pension pots, the tendency to cash-in...

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Feb 2016

Glad they survived until they got old

In 1965 when the Who sang about their generation and hoped to die before they got old, the future seemed bright for the young generation: it was the era of the teenager. Today, the Who are of the generation which has benefited most from economic growth since the Global Financial crisis, while the young, Generation Rent, face an increasing challenge ever to own their own...

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