Provide a 8 pages analysis while answering the following question: How the Travel and Tourism Industry Impacts the British Economy. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. In 2013 there were 8850 jobs in this industry. In 2014 a rise of 1.9% of jobs in the tourism industry is forecasted and by 2024 this industry is expected to support 9050 jobs in the UK.The tourism industry is the fifth-largest industry in the UK. Its contribution to Britain’s GDP is £127 million. A huge portion of this contribution is accounted for by overseas travelers. Therefore travel and tourism are very important business for sourcing foreign exchange. The country is experiencing a relationship between the rise in the spending for the tourism industry and increases in the job. Inbound tourism is the fastest growing sector in this industry. It is one of the top export industries in Britain. The travel and tourism industry is the third highest export earner in the UK. Every year the tourists in the UK spend more than £16 billion which contributes to Exchequer £3 billion (Deuschl 69-72).The above figure projects that the tourism industry contributes to the economy of around £127 billion in 2013 which is equal to 9% of the country’s GDP. It also supports 9.6% of the jobs in the Britain market. The sector of employment in the tourism industry of Britain is featured by high turnover, part-time workers, etc. The tourism workforce is expected to grow by around 6% by 2020.This industry is predicted to grow around 3.8% annually. Its growth is significantly faster than other industrial sectors of the British economy. It is estimated that the value of tourism industry will be around £257 billion in Britain by 2025 which will be 10% of the UK’s GDP.Out of 50 nations, the UK ranked 3rd for its Tourism brand. The strong cultural elements and the contemporary culture of Britain contributes a lot to it’s the tourism industry. The country ranked in eight positions in UNWTO international tourist arrivals leagues. The positive performance of this industry helps in the growth of value sales. The tourism industry supports the development of hotels and accommodation.