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Business travel slump ‘cost £4bn last week’

The UK lost £4.09 billion in GDP last week due to the decline of business travel trips following Covid-19, the Business Travel Association revealed.

International business travel trips from the UK dropped by 85.34% in the second week of August compared to the same week in pre-pandemic 2019, data from Travelogix for the BTA shows.

There was a fall of 314,477 international and domestic business travel trips in the past week.

The data shows travel restrictions to:

  • Republic of Ireland cost UK GDP £753 million
  • Germany has cost UK GDP £519 million
  • US has cost UK GDP £458 million, and
  • Switzerland has cost UK GDP £303 million.

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