Economic growth is likely to “grind to a halt” in 2023 as UK consumers are squeezed by higher inflation and increased taxes, according to Thursday’s national press headlines (9 June).
Bulletins also focus on how a series of strikes by transport workers could create a “summer of discontent” across the UK, which will also lead to another increase in working from home.
Disruption at UK airports continues, meanwhile, while air fares are set to rise more quickly this summer as more holidaymakers head off for the sun.
Here are the headlines the travel industry woke up to on Thursday (9 June).
UK growth set to be worst in G20 apart from Russia
Economic growth in the UK will grind to a halt in 2023 with only Russia set to perform worse next year among the world’s leading economies. The OECD (Organisation for Economic Co-operation and Development) said that UK households would be squeezed by higher inflation and increased taxes. (Financial Times)
Wave of strikes to trigger ‘summer of discontent’
Union bosses are set to cause a “summer of discontent” by taking strike action across the UK’s transport network this summer including on the railways, roads and airports. Rail workers are due to hold three days of industrial action later this month. (The Telegraph)
Air fares likely to increase significantly by end of summer
The boss of Wizz Air expects flight prices to rise more quickly during the next few months as demand continues to surge for holidays over the summer. Jozsef Varadi said air fares were likely to rise by “upper single-digits” between July and September. (Sky News)
Bristol airport hit by flight cancellations
Passengers had to endure more delays and cancellations at Bristol airport with 17 flights being cancelled on Wednesday (8 June) as disruption to air travel continued. (BBC News)
Working from home returns as rail strike looms
Train passengers will be warned not to travel unless absolutely necessary when rail workers hold their biggest strike for more than 30 years on 21, 23 and 25 June. The action is expected to reduce the UK’s railways to a part-time service during that week. (The Times)
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