{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='British pound slumps against dollar, travel agents,  tourists reax' data-url='/boclips/videos/5c54bba7d8eafeecae126ad7' data-video-url='/boclips/videos/5c54bba7d8eafeecae126ad7' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nBritish pound slumps against dollar, travel agents,  tourists reax\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Various of London Eye2. Wide of Big Ben, London skyline over River Thames3. Various exteriors ABTA The Travel Association4. SOUNDBITE: (English) Frances Tuke, Public Relations Manager ABTA The Travel Association:\"Well the UK travel...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Various of London Eye\u003cbr/\u003e2. Wide of Big Ben, London skyline over River Thames\u003cbr/\u003e3. Various exteriors ABTA The Travel Association\u003cbr/\u003e4. SOUNDBITE: (English) Frances Tuke, Public Relations Manager ABTA The Travel Association:\u003cbr/\u003e\"Well the UK travel industry is very buoyant and in fact we've had quite a good summer. What we've seen so far is in fact a big increase in numbers to the (United) States and that has partly been driven by the low dollar rate, so obviously there will be some changes given that that has now switched over and the sterling is looking quite weak in comparison.\"\u003cbr/\u003e5. Wide of London skyline over River Thames\u003cbr/\u003e6. Mid of St Paul's cathedral\u003cbr/\u003e7. Wide of Tower Bridge, tilt up\u003cbr/\u003e8. SOUNDBITE: (English) Rania Wannous, Corporate Affairs and Communications Manager, Visit London:\u003cbr/\u003e\"Economic factors and in particular the impact of the 'Credit Crunch' has seen a fall in visitor numbers in particular from the US, and that's also been exacerbated by a weak American dollar, so today's news which has seen the American dollar the strongest it has been against the pound in quite some time, is welcome news for the tourism industry here in London.\"\u003cbr/\u003e9. Wide of Tower Bridge, pan to River Thames\u003cbr/\u003e10. Wide of Tower of London\u003cbr/\u003e11. Close of Tower of London turrets\u003cbr/\u003e12. Wide of tourists\u003cbr/\u003e13. Various of tourists buying tickets\u003cbr/\u003e14. SOUNDBITE: (English) John Mennard, dentist from New York:\u003cbr/\u003e\"We went to Italy in April and the dollar was very weak and it was an expensive trip. We would definitely come more often if the dollar was stronger.\"\u003cbr/\u003e15. Tourists walking through Tower of London gates\u003cbr/\u003e16. Close of Royal Insignia \u003cbr/\u003e17. SOUNDBITE: (English) Vanessa Parks, housewife from Pennsylvania:\u003cbr/\u003e\"Things are really tight back home and I think it would discourage people now from travelling abroad or even at home, but hopefully things will get better.\"\u003cbr/\u003e18. CMC Markets trading floor\u003cbr/\u003e19. SOUNDBITE: (English) James Hughes, Market Analyst, CMC Markets:\u003cbr/\u003e\"It can be a detrimental effect for holiday makers going abroad from this country. People coming in of course will be slightly better if the sterling rate goes lower. But we're talking more US Dollar moves than we are sterling based moves, so it's going to be necessarily bad news for us going on holiday and not necessarily people coming here. So the tourism industry for our country won't necessarily do that well off the back of it.\"\u003cbr/\u003e20. Wide of CMC Markets trading floor\u003cbr/\u003eThe British pound slumped more than five cents to its lowest level in five years against the US dollar on Wednesday.\u003cbr/\u003eThe news was well-received by Americans holidaying in Europe who have seen their dollars worth little in recent years against the strong pound and Euro.\u003cbr/\u003eA spokesperson for Visit London, Rania Wannous said the drop was good news for the tourism industry in London.\u003cbr/\u003eTourists on the streets of London also welcomed the news. \u003cbr/\u003eOne American tourist said he would visit London more if the dollar was stronger.\u003cbr/\u003eHowever, the currency moves are based more on the US dollar rising on anxieties about deteriorating economies overseas and growing expectations that central banks will cut interest rates, rather than a fall in the pound and Euro.\u003cbr/\u003eCMC Markets analyst James Hughes suggested these moves will be bad news for people from the United Kingdom travelling abroad.\u003cbr/\u003eOne American tourist in London said she did not think many people from the US would consider travelling right now.\u003cbr/\u003eVanessa Parks, 40, a housewife from Pennsylvania said the economic situation in the US has discouraged travellers.\u003cbr/\u003e\"Things are really tight back home,\" she said.\u003cbr/\u003eTravel agents in London reported the summer had been good for UK travellers heading to the US because of the weak dollar.\u003cbr/\u003eFrances Tuke of ABTA The Travel Association said now though, there will be some changes with a weakened sterling. \u003cbr/\u003eHowever, economic changes take time to significantly affect the tourism industry.\u003cbr/\u003eIt remains to be seen if Wednesday's exchange rate fluctuation will have long-term consequences.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' 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