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FRESH BREXIT WARNINGS AS STERLING HITS LATEST LOW
Wednesday July 31, 2019 - Email this article to a friend

The Association of Independent Travel Operators talks of the ‘collateral damage' of a no-deal as the pound hits a 28-month low. UPDATED





The body represents the smaller independent operators and has mountain travel businesses and ski ones, including Snowbizz, among its members.

It has written an open letter to Boris Johnson urging him to avoid a no-deal Brexit that would cause pain to many in the travel sector.

"Whether our members and their employees voted leave or remain, they certainly did not vote to destroy their businesses by adopting a No-Deal Brexit. Neither did they anticipate the Conservative Party using them as sacrificial lambs - a great number of livelihoods, including those involving families of all ages, are at stake amidst the bluster and the campaigning that has gone on."

"The whole Brexit scenario has messed up consumer holiday bookings in their entirety for 2019, with the British public hugely confused about whether they should or shouldn't book/could or couldn't travel to Europe on holiday this year.

"A No-Deal Brexit will simply increase prices for all those travelling to Europe. The travel industry is not alone in despairing at its future if there is a No-Deal Brexit on 31 October.

"We urge you to think anew. Yes, we know that Brexit is your key aim - but does it have to be a No-Deal Brexit and to cause so much collateral damage and pain to so many?

"In our view it doesn't need to be the nuclear option."

The Date of 31st October could hardly be worse for the snowsports industry.

It is likely some people will put off booking a holiday until they see the lie of the land.

Autumn is one of the key booking periods and will likely be badly affected.

For the operators they will need to get overseas staff in place without knowing if the free movement of labour will continue and what the laws may be.

British ski instructors who work in EU countries are particularly concerned about whether they will be able to work, let aone how many clients there will be.

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It comes as the pound hit a 28-month low with £1 buying just €1.1 on Tuesday.

There was a small rally on Wednesday pushing it up to €1.2.

This month sterling has lost 4% of its value.

This all means the cost of ski trip will rise and some fear a run on the pound should a no-deal brexit happen.

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