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ONS travel & tourism statistics – Barclays’ comment

Mike Saul, Head of Hospitality & Leisure at Barclays, comments on today's ONS travel & tourism figures.

“As well as the UK’s enduring appeal as a world-class holiday destination, the weakness in sterling continues to swell the number of overseas visitors to our shores with 4 million arriving in July alone, an increase of 6% on last year. Brand Britain continues to ring loudly at the tills of our hospitality, leisure and retail businesses with visitors from abroad spending £2.7 billion pounds here over the same month meaning that overseas visitors have now spent almost £24 billion on trips to the UK over the past 12 months. In an increasingly competitive global travel market place, these figures are a boost to the UK tourism industry.”
Notes to editors

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About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 85,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .