Douglas McWilliams
Douglas McWilliams
business dropped lower peak people percent travel trying
Business is tough, now people are trying to travel but at much lower cost. (In total) business travel dropped by 12 percent from peak to trough,
businesses cuts executives might travel
Executives might not want to make cuts in travel budgets, but businesses are insisting on it.
last year
Last year was the bounce-back year and this year is the consolidation year.
declined half last london period picked rest since worst year
In London (the worst) probably is over. The London economy, in our estimates, declined at end of last year and has actually picked up since then, ... For the rest of the U.K., I think probably the worst period is the first half of this year.
markets metals noticed push
Those in the metals markets will have noticed the push into metals and I think we'll see more of that.