Economy

BTA calls for Global Business Travel to protect UK economy


The Business Travel Association (BTA) has launched a Manifesto, 1 November, outlining a strategic pathway to tackle industry pressure points and support the UK economy. 

The Manifesto outlines filling the skills gap, achieving net zero emissions and investment in transport networks as key issues to address in 2024. 

The Manifesto also pushes for a new UK Global Business Travel Fund, to ensure that international travel is efficient. As part of this, the BTA calls for more financial clarity following the UK’s departure from the European Union. With approximately 200 SMEs applying for this fund each month, the continuation of investment is vital for the UK economy. The fund would encourage SMEs to travel to new trading partners and unlock new business deals across the world.

Post-pandemic, the BTA highlights that demand for business trips has not dampened, with business travel contributing £27.7bn per annum to the UK economy, supporting over 280,000 jobs. 

As KPMG’s economic outlook projects, the UK’s GDP growth is slowing to 0.4% in 2023 with an estimated 0.3% growth in 2024. Investment in business travel is, therefore, vital, says BTA.

Clive Wratten, CEO of the BTA, says: “Business travellers are the drivers of international trade. As such, our industry should be recognised for its crucial role in the UK economy, and more must be done to improve the wider travel ecosystem. Constant unruly disruptions are pushing commuters to their cars as they lose faith in public transport networks. Delays to work trips due to travel incompetence are not only an inconvenience but carry significant economic and environmental costs for the UK.”

The BTA’s Manifesto emphasises that outdated and abandoned infrastructure such as the HS2 project, connectivity issues, poor sustainability commitments, and a depleting workforce are challenging traveller trust. To confront this, the Manifesto is a framework for all sectors to ensure a prosperous travel network. It calls for trade agreements to include new work visas and permits, an industry standard for carbon off-setting, and a strategic multi-modal transport strategy. 

The BTA also calls for an industry standard of carbon offsetting to tackle the environmental burden of travel. This is needed to reduce ‘greenwashing’ by ensuring all businesses are held to the same level of accountability. Greater collaboration is needed between the government and industry sectors to guarantee a suitable accreditation. 

Wratten added: “There is no common standard for businesses operating in the industry. This must change. We demand that the government recognise the value of business travel and work together with the industry to ensure we collectively champion the unique needs of business travellers.”  

The Manifesto features contributions from travel management company (TMC) partners and predicts that the 2024 outlook could be positive, with business travel returning to 80-85% of pre-pandemic levels. However, at its current pace, the reality will result in economic growth being stunted further, with additional environmental pressure. 

The Manifesto was launched ahead of the King’s Speech on 7 November.

To download the full manifesto, click here.



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