According to US-based travel management company Rosenbluth International Travel, business travel from the US was down only 10% compared with 28% when the war first broke out.
In Europe it dropped to just 5%, a fall of about 10%. Elsewhere in Asia only Japan suffered as a result of the war, although trips were cut to Hong Kong, Taiwan, Singapore and China as a result of the Sars outbreak.
In January, the average amount spent on business travel in the US fell by a third to reach its lowest level in a decade, a report found.
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Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel