Terror affecting business travel
As many as 250,000 businesses have changed the way they do business – including travelling abroad – because of security fears. The Daily Telegraph reports that, in an Institute of Directors survey, some six per cent of businesses have reduced the number of face-to-face meetings, and travel, since 11 September 2001. Two thirds of those interviewed reportedly said they had reduced the amount of time spent “pressing the flesh”. Cheaper and more reliable communications was given as the main reason for the change in practice, while the second was fears over security. Richard Wilson, head of business policy at the Institute of Directors, is quoted as saying: “If replicated across the UK’s business population of four million firms, this would mean that 240,000 enterprises have changed their business practices because of terrorism.” Report by Tim Gillett, News From Abroad Ltd
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