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Tourism in the UK flourishes after Brexit

Staff Writer |
Britain faced an influx of foreign visitors in July while holidaymakers going overseas opted to spend less, according to the Office for National Statistics (ONS).

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Around 3..07m visitors came to Britain in July, after the Brexit vote, due to the boost to spending power delivered by the pound's fall. As a result, visitors spent 2% more than in the previous period to reach £1.79bn in seasonally adjusted terms.

In the same month, Britons made 5.79m trips abroad, which was 1% more than a year earlier, but spent 1% less at £3.55bn.

The data also chimed with reports from businesses sent to the Bank of England indicating that a greater number of British people are spending their holidays at home.

Sales of luxury items such as watches and jewellery were noted for experiencing a boost, with tourists exploiting the fall in the pound to go on luxury shopping sprees. Tourist spending on luxury goods in Britain rose by 36% in August according to tax-free shopping firm Global Blue.

"We have an immediate and real opportunity to promote Britain as a great value destination, particularly in our long-haul high-spending markets such as China and the U.S.," said the chief executive of Visit Britain Sally Balcombe.

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