by Ted Harris June 30th, 2009
www.barclaycardbusiness.co.uk
Although UK companies are looking for ways to save money and tighten up their budget, a new survey that came out suggests that businesses are not willing to cut down on face to face meetings. These companies go on to say that these meetings are very crucial to keep businesses going, and they will do it even if they have to increase their travel budget.
Almost three quarters of all the companies that took place in the Barclaycard Commercial Business Travel Survey shows that they intend to travel just as much in 2009 if not a little bit more. These findings came as a result of more than 2,200 UK companies that took part in the survey.
Barclaycard Commercial Business went on to say that their findings help to illustrate what companies are not prepared to cut funding on. Face to face meetings are a crucial part of UK businesses. Many businesses responded by saying that their face to face meetings were a lot more effective than video conferencing. Thus, in the long run it helped out the company more even if they had to spend more.
Although there is a mounting campaign against the British government Air Passenger Duty, many companies say that it is not going to dramatically affect their travel plans. Their face to face meetings are still going to have to be done.
Although the fear of recession is apparent in every companies’ eyes, this survey shows that companies are still willing to do what it takes to make sure their company is run right. Although media may have some thinking otherwise, companies know how important travel is.
For more information visit: www.barclaycardbusiness.co.uk
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