Why tourism matters
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It’s big…
The size and importance of tourism in the UK’s overall economy is often underestimated. It’s our third highest export earner behind Chemicals and Financial Services. In most years it’s the fifth or sixth biggest sector of our economy, behind manufacturing and retail but ahead of construction. It generates £90 billion of direct business for the economy each year, contributes £115 billion to GDP when you include the supply chain and £52 billion directly and is one of our biggest empl...
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