"Nervousness around the economy and potential fallout from the eurozone crisis continues to see depressed consumer spending and therefore stagnation in the number of UK travellers going abroad.

"As sterling recently hit a near 16 month high against the euro we may see bargain-hunters look to take advantage of the favourable currency rate in 2012, but there is a question around whether this will be enough to impact traveller numbers in a meaningful way. Looking ahead the combination of the Queen's Jubilee and the extra bank holiday it offers, as well as the draw of the Olympics, should also encourage both inbound and outbound travel numbers."

About Barclays Corporate

With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit .

About Barclays

Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 145,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website .

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