Skip to content
Tuesday 18 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
0.00%
CAC 40
8,579.60
0.00%
STOXX 50
6,530.45
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 26 August 2016 1:00 am

The government is hoping to pounce on a post-Brexit tourism boost in the aftermath of the sterling slump

By: Mark Sands

Add as a preferred source on Google

Theresa May is seeking to build on a Brexit tourism boost with a £40m investment fund designed to lure visitors tempted by the slump in sterling.

Towns and cities across England will benefit from new funding, with cash targeted on the UK's cultural and sporting assets.

The first recipients of funding will include a coastal path project, a self-guided holiday app and a golfing tour provider.

Read More: This seaside resort benefited the most from the summer staycation boom

May said: “The British people’s decision to leave the European Union creates real opportunities for growth and we will work in close partnership with the tourism industry, to ensure it continues to thrive as negotiations on the UK’s exit progress.

“We are making it easier for visitors to travel beyond London and experience all of the world-class attractions the UK has to offer, to make sure the benefits of this thriving industry are felt by the many and not the few.”

The government has also published a new Tourism Action plan, which includes policies to boost the industry, such as tweaks to licensing regimes for B&Bs and new rail tourism offers.

2015 saw 36m overseas visitors coming to the UK, spending a total of £22.1bn

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Aldi boss wades into supermarket ‘price-gouging’ row

  • Monzo chair makes early exit after boardroom rift

  • New Premier League rules could see £11bn invested into new stadiums

More from Morning Wire

  • Burnham urged to axe tourist tax expansion in devolution drive

    Hospitality
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
  • TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption

    Business Wire
  • Britain can’t afford a self-harming tourist tax

    Opinion
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism

    Hospitality
    IHG opened 17,500 rooms across 98 hotels throughout the quarter.
  • Tui hit by Middle East travel chaos and rising fuel costs

    Transport & Infrastructure
    TUI airline crew, pilots and flight attendants, smiling on aircraft stairs with the TUI tail logo in the background
  • Pugdundee Safaris Redefines Indian Wildlife Tourism with a 2028 Carbon-Neutral Vision

    Business Wire
  • The only answers to over-tourism are prices or queues

    Opinion
    Tourists photograph the ornate white marble Trevi Fountain in Rome, Italy.
  • House prices suffer biggest August slump in eight years 

    Property
    Aerial view of colorful residential houses built on a hillside, nestled among green trees, representing housing markets
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook