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Struggle in financial downturn PDF Print E-mail
Cruise News - UK Cruise News
Tuesday, 11 November 2008
Don't pay more than your tablemates let cruisecompete get you the best price for your next cruiseBUSINESS leaders have warned the Government that many "sound" small firms, including hundreds of travel agents could go bust as they struggle to cope with the financial downturn.

Concerns about the availability of credit will be expressed during the first meeting of the new Small Business Finance Forum, set up by ministers to address the financial issues affecting smaller companies.

David Frost, director-general of the British Chambers of Commerce said before the meeting: "The BCC has serious concerns about the availability of credit and the tightening of credit conditions for small businesses.

"If things carry on like this, many sound UK businesses will be bust by Christmas.

"We have received numerous calls from small businesses who are trying to manage cashflow, but credit such as overdrafts are being withdrawn indiscriminately and terms changed without notice.

"The Government has just spent billions bailing the banks out using taxpayers' money. Surely it's not too much for small businesses to expect the right financial support.
"It would be a disaster if we lost hard-working businesses and their employees during this downturn."

December to middle of February is traditional early booking time for the UK travel industry.

Traditional travel agents like many others on High Street, struggle to get footfall through their doors, especially as more consumers look to cut cost.

This year let CruiseCompete, the US booking partner of Holidayinsiders.com take the strain. Its unique search engine is where you can see hundred’s of cruise offers, and then you can get travel agents to compete for your business.

Agents compete against each other to offer you the best price on the market. You’re under no obligation to buy anything if you don’t like what the agents offer you, but you could save hundreds of pounds.
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Last Updated ( Tuesday, 11 November 2008 )
 
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