Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • 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

  • Burnham tax plans spark investor rush to bank capital gains

  • Nothing fails to file accounts months after dissolution threat

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

  • Nottingham Forest owner Marinakis announces £210m stadium plans

More from City PM

  • Happy Holidays S.A. and JTA Investment Holding Announce €65 Million Investment for SARTIMARE Tourism Development in Greece

    Business Wire
  • ‘Poorly designed’ policies threatening London’s grip on global tourism

    Hospitality
    Bustling Regent Street showcasing vibrant storefronts and diverse pedestrians, capturing the essence of urban life.
  • Gatwick expansion cleared for take-off, court rules

    Aviation
    20m passengers have flown through Gatwick this year
  • Economic benefit of Heathrow expansion slashed by 90 per cent

    Transport & Infrastructure
    Heathrow and several European airports are suffering from a cyber attack.
  • House price slump blamed on World Cup and heatwave

    Property
    Soccer players competing in the World Cup, showcasing intense action on the field with a stadium full of cheering fans
  • VENU+ Brings Next-Generation Guest Experience Technology to Al Shallal Theme Park

    Business Wire
  • World Cup won’t boost US or European economies, experts warn

    Sport Business
    Breaking news event with diverse crowd in urban setting, capturing dynamic interaction and vibrant city atmosphere
  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy