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UK Tourism Boom Following Brexit and Falling Pound

Looks like Brexit has given a short-term boost to tourism in the United Kingdom. 

Flight bookings to the UK have surged since June, following a sharp drop in the pound after Britain's vote to leave the European Union.

Overall, the number of flights booked to the UK are up 4.3% compared to last summer. Bookings from Hong Kong jumped by 30%, while they've increased by 9% from the U.S. and 5% from Europe.

It's not hard to see why: following the referendum, the pound took a dive; it's fallen 13% against the dollar and 10% against the euro. A weaker pound means cheaper prices for vacationers from outside the UK.  

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