Ministers, Airports and tourism leaders have joined forces to demand that Air Passenger Duty (APD) be devolved as soon as possible. Ahead of the busy summer holiday season, figures illustrate that the latest increase means that from 1st April, a family of four flying...
Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. The World Bank has an economic and moral imperative to...
Johannesburg – Despite the current global financial problems which continue to impact the industry, tourism will continue to play a central role in the country’s economy, Tourism Deputy Minister Tokozile Xasa says. With South Africa continuing to emerge as an...
The War over Austerity v. Growth Should governments focus on borrowing less to finance their spending — or rather focus on spending even more, to promote economic activity, giving debt reduction a lower priority? This is the austerity versus growth argument that...
Britain: a Culture Hostile to Growth This month Liz and I have had the fascinating experience of visiting the places where Winston Churchill – Britain’s wartime leader and its best-known statesman – grew up, lived and became famous, including Blenheim...
