Tourism And The Financial Crisis Madrid 16 October 2008 - UNWTO’s Executive Council (Madrid 14-15 October) agrees to create a “Resilience Committee” to support its Members with accurate economic analysis and response mechanisms. The tourism sector is already suffering from reduced consumer demand – business and leisure – and tourism businesses are already feeling the credit crunch
Stores are attacked for cutting prices of fatty foods Supermarkets are undermining healthy eating by bombarding shoppers with cut-price offers for unhealthy food during the credit crunch, according to a report into the £90bn grocery market.The National Consumer Council found twice as many promotions for fatty and sugary foods as there were two years ago.
Debt Relief Advice The National Consumer Council reports that 6 million families in the UK are already struggling with debt. The UK level of debt recently crossed the 1 trillion threshold, of which approximately 80% is due to credit cards, loans and mortgages. In the past 6 years, the number of people seeking debt advice has risen by 44%, and is expected to rise even
Crime rap for naughty brokers AUSTRALIA - Finance and mortgage brokers who issue high-risk loans could be exposed to tough new penalties including criminal fines.State and federal officials involved in the Ministerial Council on Consumer Affairs are finalising a draft consultation bill to regulate the $165 billion consumer credit industry.
Home