Assessing Zip World’s Impact on the North Wales Economy Review 2018

Assessing Zip World’s Impact on the North Wales Economy Review 2018

IntroductionZip World are a Sunday Times Fast Track 100 company.An assessment of Zip World’s impact on the North Wales economy was undertaken in 2016. The assessment reviewed the attraction’s economic impact by examining the value of visitor spend and employment opportunities made available. (For the purpose the report the participant who took part in the Zip World activity is referred to as visitor)The research had a number of purposes.The main purpose was to form an understanding of the attraction’s contribution to the North Wales economy. The secondary purpose is to understand the importance of the economic benefits it brings. To ensure of a compressive assessment, three indicators were examined closely. […]

Great Britain Tourism Survey, January to December 2017

Great Britain Tourism Survey, January to December 2017

Introduction This report provides provisional results from the Great Britain Tourism Survey for the full 2017 year and is an update of the results published in the last quarterly report for the period January to September 2017. In future, we will be publishing the results from Great Britain Tourism Survey alongside the results from other tourism surveys in a new combined quarterly tourism statistics report. This will be a more comprehensive report that combines the latest quarterly statistics from all of the main tourism surveys and aims to provide better context for the results from the individual surveys on the performance of the tourism industry. The first combined report will […]

A Tourism Tax For Wales?

A Tourism Tax For Wales?

The UK tourism industry has one of the world’s highest tax burdens. Most European countries have significantly reduced VAT on their tourism industries to encourage growth, employment and revenue. The imposition of higher taxes has been shown to inhibit growth, employment, revenue and holiday-taking. Tourism outperforms all Welsh Government (WG) priority sectors and is the country’s second largest employer. A proposed tourism tax will damage its economic performance, brand and prospects. It will also increase social exclusion, undermine policies to create a more healthy and active Wales, limit opportunities for economic growth in Welsh-speaking heartlands and disproportionately impact those least able to afford to take a holiday. Click on image […]

Regional investment in Wales after brexit

Regional investment in Wales after brexit

Introduction In the White Paper Securing Wales’ Future (January 2017), the Welsh Government sets out six priorities for the UK’s future, outside of the EU. One of those priorities is the importance of continued devolved funding and regional investment of at least the level Wales currently receives from the EU. This new policy document develops our thinking on the future of regional investment policy in Wales. We agree with the National Assembly’s External Affairs and Additional Legislation Committee, in their inquiry into the future of regional policy, that our challenges must be approached with creativity and ambition, and that the Welsh Government is best placed to lead that work. Click […]

Prosperity for All economic action plan

Prosperity for All economic action plan

Introduction In pursuing prosperity for all, we intend building an economy on strong foundations, to supercharge our industries of the future and empower all our regions to become more productive. And we wish to see growth with a purpose – inclusive growth – so that as our wealth and well-being improve, inequalities across our country narrow. Wales is home to some of the most innovative, dynamic and exciting economic activity anywhere in the world from the world-class centres of aerospace engineering and nuclear energy in the north; cutting-edge metallics innovation, marine technology and automotive production in the south; to award- winning food producers in rural Wales. Our economy is a […]