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-The national economy impacts the travel industry. This is because without a strong economy, there will be less money in the circular flow of income. This will therefore drive down into a recession which will mean that there will be less disposable income per capita. Less disposable income has the effect that less people will be travelling thus impacting countries which rely heavily on the tourism industry,

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U.K. disposable income rose for a second quarter in the three months through September and the savings ratio declined, highlighting the dependency of Britain's recovery on consumer spending.

The amount of money available to households for spending increased 0.4 percent after inflation following a 3 percent surge in the previous quarter, when it was boosted by the timing of bonus payments, the Office for National Statistics said in London today. The proportion of incomes saved declined and separate ONS data showed the current-account deficit reached the most since 1989 as a percentage of gross domestic product.

Data this week showed inflation is easing and the unemployment rate has fallen to a 4 1/2-year low. While the government and Bank of England have raised their growth forecasts, BOE Governor Mark Carney said this week the recovery must be sustained before officials raise interest rates from the current record low.

"The U.K. recovery is dependent on consumer debt and dissaving," said Philip Rush, an economist at Nomura International Plc in London. "That means imports and a terrible external trade performance. The economy is nowhere near firing on all cylinders."

U.K. GDP increased 0.8 percent in the third quarter, the data showed, matching a previous estimate, and the savings ratio slipped to 5.4 percent from 6.2 percent.

'Goldilocks moment'

"Rising activity and slowing inflation leaves the U.K. in a Goldilocks moment for now, although we remain concerned that much of the upswing remains cyclical and overly dependent on consumer spending," said Tom Vosa, an economist at NAB Capital in London. "Still, we suspect that both the government and the BOE will remain relieved by recent data. The U.K. economy will be carrying lots of momentum into 2014."

From a year earlier, the economy grew 1.9 percent in the third quarter, revised up from 1.5 percent. On the quarter, there were upward revisions to services and construction, while manufacturing growth was revised lower.

Today's report also showed that GDP rose 0.8 percent in the second quarter, higher than the 0.7 percent previously estimated. Consumer spending added 0.2 percentage point to GDP in the second quarter and 0.5 percentage point in the third.

Budget Deficit

Separately, the ONS said the budget deficit widened last month as a result of higher net investment and a swing from surplus to deficit at local authorities. Central government net borrowing narrowed as the economic recovery boosted taxes, while government departments cut spending and welfare costs fell.

The total deficit excluding temporary support for banks was 16.5 billion pounds ($27 billion) compared with 15.6 billion pounds a year earlier. The median forecast of 21 economists in a Bloomberg News survey was 15 billion.

The measure that determines how much the government needs to borrow by selling gilts -- the central government net cash requirement -- was 9.4 billion pounds, the report showed.

The Office for Budget Responsibility earlier this month cut its 2013-14 net borrowing forecast to 111 billion pounds, or 6.8% of GDP, from its March prediction of 120 billion pounds. It sees the budget returning to surplus in 2018-19, meaning government departments and the welfare budget face further cuts if the Tories win the 2015 general election.

'Extremely Disappointing'

The current-account deficit widened to 20.7 billion pounds in the third quarter from 6.2 billion pounds in the previous three months. As a percentage of GDP, the deficit has reached 5.1 percent, the most since the third quarter of 1989.

"The trade performance remains extremely disappointing," said Howard Archer, an economist at IHS Global Insight in London. "If the recovery is to be sustained at a healthy pace, it really does need a marked, extended pick up in business investment and for exports to improve."

The pound stayed 0.2 percent lower against the dollar after the data were published at $1.6333 as of 10:32 a.m. London time.

The ONS also said business investment rose 2 percent in the third quarter from the previous three months, though it was down 5.3 percent from a year earlier. In a separate release, it said its index of services rose 0.1 in October from the previous month.

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U.K. Disposable Income Increases as Consumers Drive Recovery

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U.K. disposable income rose for a second quarter in the three months through September and the savings ratio declined, highlighting the dependency of Britain's recovery on consumer spending. The amount of money available to households for spending increased 0.4 percent after inflation following a 3 percent surge in the previous quarter, when it was boosted by the timing of bonus payments, the Office for National Statistics said in London today.

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-Disposable income is the money after taxation and state benefit additions.

-The amount of disposable income determines the consumption and saving of individuals. Therefore, the more disposable income, the more consumption and the more consumption the more aggregate demand which therefore will boost economic growth.

-In terms of the travel industry, an increase in disposable income for people worldwide is beneficial. This is because more people will be spending more money and a common area which people spend money in is the travel industry. This would therefore mean that there may be a lot more inbound visitors. This therefore means that with more inbound visitors, there will be more money being put into our economy,

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Increase in leisure time for many individuals. - A-Level Geography - Marked by Teachers.com

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See our A-Level Essay Example on Increase in leisure time for many individuals., Global Interdependence & Economic Transition now at Marked By Teachers.

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-Leisure time is increasing. This is due to working days being cut shorter than in the past. In addition to this, the 'norm' is to only work 5 days a week, whereas in the past it was to work 6.

-In addition, bank holidays and more holiday days off have become easier to access therefore increasing the leisure time.

-Another reason as to why there is an increase in leisure time, is due to an advance in technology. For examples, dishwashers have made it quicker and easier to do the washing up for many people world wide.

-Leisure time is beneficial to both businesses and the individual. Whether it be home-based leisure, arts and entertainment, sport and physical recreation, countryside recreation etc. people will be benefiting.

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Biggest ever census of UK car ownership published by auto industry body.

New car buying and old car reliability pushes UK parc to new high.

Cars on the road approach 32 million, thanks to 436k boost in 2013.

Built-in-Britain cars second only to made-in-Germany for popularity.

Ford takes top spot for UK's favourite model.

March of the monochrome sees colour drain from UK roads.

Rising new car registrations and longer lasting cars combined to push up the UK car parc by more than 436,000 units, according to a new study by The Society of Motor Manufacturers and Traders (SMMT). The SMMT's 'Motorparc' study is the UK's biggest automotive census and is compiled annually covering 31,917,885 cars on UK roads.

The 1.4% rise in the 2013 parc marked the fastest rate of growth for 10 years. This saw the number of older cars rise at a pace as ever increasing reliability and economic factors combined. Cars older than 12 years rose 11.3% against 2012 with 2.06 million more cars recorded in the latest census. Compared with a decade ago, the average age of a car increased by a full year (to 7.7 years old), as the trend grew longer for cars remaining on the road.

"With more cars bought and less scrapped in recent years, the total number on UK roads reached an all-time high last year," said Mike Hawes, SMMT Chief Executive. "Major investment by manufacturers in advanced production techniques, supported by longer vehicle warranties, has seen car reliability enhanced still further. Additionally, spreading the cost of regular maintenance through service packages makes car ownership more affordable, so it is not surprising that people are running cars for longer."
Brit-built models prove popular
Almost a fifth of models on UK roads were built here, with only Germany boasting a higher market share. Spain, France and Japan make up the top five, which collectively accounts for more than three quarters of the 31.9 million cars on UK driveways.

Drilling into the detail, Corby, Worcester and Aberdeenshire out-performed the rest of the country for parc increases, being among the top growers over the past decade and increasing their vehicle volumes by 20% on average. At the other end of the spectrum, Liverpool, Blackpool, Swansea and Brighton collectively shed 20,000 models since 2004, an average drop of 4.5%.
UK top models
There are more than 1,453 different models on UK roads, but Ford Focus takes the top spot for popularity, boasting almost 1.5 million owners. The smaller Ford Fiesta secures second place, setting the scene for much of the UK top 10, which features the family car and supermini offerings from Renault, Vauxhall and Volkswagen - highlighting demand from motorists for affordable, fuel-efficient, well-equipped vehicles.
Colour clash sees move to monochrome
The motor parc changes colour slowly due to the numbers of vehicles involved, but the top five colours nationwide reveal a trend to a monochrome palette. In the past year, the parc has lost blue (-2.7%) and red (-0.5%) models in favour of black (+4.8%) and grey (+5.6%).
Eco-drive
Lower CO2 (carbon dioxide) emissions mean better fuel economy figures, a fact that seems to interest motorists nationwide. Thanks to innovative new engines and the introduction of hybrid and electric cars, the UK car parc has cut CO2 by 7.3% in the past five years (to average 160g/km CO2). Scotland has made the biggest improvement since 2009 (dropping emissions by 8.8% on average), but the greenest regions are Northern Ireland and the North East, which share a parc average CO2 value of just 156g/km. The country-wide improvements have been led by the latest models that have cut emissions 14% in the past five years to average just 128.3g/km CO2.

Click through to download the full 'Motorparc' study news release.

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Decade's fastest growth sees almost 32 million cars on the road - SMMT

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Rising new car registrations and longer lasting cars combined to push up the UK car parc by more than 436,000 units, according to a new study by The Society of Motor Manufacturers and Traders (SMMT). The SMMT's 'Motorparc' study is the UK's biggest automotive census and is compiled annually covering 31,917,885 cars on UK roads.

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The document below shows the trend in car ownership

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-Increased dramatically in the last 50 years due to a rising income of people in the UK.

-In 1950, there was 2.3 million UK cars on the road, however in in 2002, there was over 25.5 million private cars in the UK.

-This therefore increases domestic tourism because more people have access to transportation which therefore increases the potential for more domestic tourists.