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CSR leaves industry with no answers

(09 October 2007 17:40)
Olympic Aquatics Centre

Today’s Comprehensive Spending Review (CSR) left more questions than answers for the hospitality and tourism industry.

The Review, which sets out departmental spending from 2008-2011, promised to increase the budget for the Department for Culture, Media and Sport to £2.2b in three years time.

Chancellor Alastair Darling said this funding would guarantee an inflation increase for the arts, free access to museums and galleries, extra for sport and a Cultural Olympiad in the run up to London 2012.

The CSR also confirmed the first phase of central government investment of more than £3.6b over the next three years to “deliver the foundations for a successful 2012 Games”. 

However, no mention was made of specific funding for the Olympics tourism strategy or boosting the marketing budget of VisitBritain, leaving industry leaders bitterly disappointed.

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“It is worrying that there is no mention of tourism or VisitBritain in the initial document,” said Kurt Janson, policy director of the Tourism Alliance. “This is concerning as if there was a rise in the budget the Government would probably have highlighted it.”

A DCMS spokesman said: “More details of how the funding is broken down will be announced in due course.”

Industry waits for money to back up Olympic strategy >> 

Gordon Brown urged to up investment in UK tourism >> 

Tourism benefits of hosting Olympics underestimated >> 

Read more on the London Olympics here >> 

By Daniel Thomas

 

E-mail your comments to Daniel Thomas here.

 

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8th October 2008