Tag: collapse

Coronavirus: Tourism economy in Wales on ‘brink of collapse’

Image copyright Richard Hoare/Geograph Image caption Conwy Castle is a key tourist attraction in north Wales Wales’ tourism industry is on the “brink of collapse”, say a group of Welsh tourism leaders demanding a reopening plan from the first minister. Official figures say £6.3bn was spent in Wales due to tourism in 2018 but attractions, shut in lockdown, say they… Read more →

Aston Martin chief leaves amid share price collapse

Image copyright Reuters Struggling luxury UK carmaker Aston Martin has announced that chief executive Andy Palmer has stepped down. Tobias Moers is taking over from 1 August, with Keith Stanton filling the gap as interim chief operating officer. Mr Moers joins from Mercedes’ high-performance subsidiary AMG, where he is currently chief executive. Aston Martin was struggling before the coronavirus crisis… Read more →