Tag Archives: Brexit

After a huge win the UK general elections, Prime Minister Boris Johnson has assured Britain’s exit from EU by January 31, 2020. “We will get Brexit done on time by the 31st of January, no ifs, no buts, no maybes,” he told cheering supporters. The Conservatives are set for a resounding victory in an election in which Brexit was widely seen as the decisive factor, with his “Get Brexit done” mantra winning over former Labour voters in the opposition party’s traditional heartlands.

With the British pound taking a hard hit as the UK voted to leave the European Union, the fall by over 8 per cent to Rs 91.36 within a day is expected to increase India’s outbound traffic to the UK. Guldeep Singh Sahni, President, Outbound Tour Operators Association of India (OTOAI), says that it will mainly benefit Indian travellers who are immediately travelling to the nation. “The outbound surge will be momentary – outbound tourism will increase till the GDP remains low. But things are very unpredictable as of now due to the uncertain circumstances,” he said.