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Britain's Tourism Trade Deficit Widens

Geoff Riley

21st May 2015

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Tourism is becoming an increasingly big contributor to the trade deficit in goods and services according to new data from the Office for National Statistics. UK residents made 11.5 million visits abroad in the three months to March 2015, 8% higher than a year earlier, and spent £6.8 billion on these visits.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.