German unemployment and its impact on the numbers of people taking holidays abroad is becoming as big a concern for Tui Travel as joblessness in the UK, the tour operator’s chief executive said. Peter Long said the projected fall in gross domestic product of 6 per cent and the effect on manufacturing jobs were bound to hit Tui’s German market, which last year provided 5m customers for the group, compared with 4.5m from the UK.
http://www.ft.com/cms/s/0/cd758f5a-449a-11de-82d6-00144feabdc0.html
