TravelMole
Partner News

Budget changes to affect Tourism in th UK

Thursday, 23 April 20093 min read

There appears to be no consultation between Government and UK Tourism Industry. The little publicised removal of benefits for holiday home owners will have a major impact. Tourism is currently one of our successful industries and for some areas of the UK, has brought them out of bankruptcy. Cornwall in particular has transformed itself in the last 10 years. I agree second home ownership is controversial, but for those owners who let their property as a business, these people have generated wealth and employment for declining areas. They will now reconsider their position, p, property prices will decline as some owners choose to sell,and those remaining will increase rentals to cover their losses. And why was the legislation introduced – to keep in line with EEC law – what a farce !
Alan Brindley www.carbisbayholidays.co.uk