UPDATE: The government has now extended the furlough scheme until December 2020. Please see here for further information.
News & insights
Welcome to our news and insights hub where we regularly share views and updates on a range of travel industry regulation, finance and strategy topics. We hope you find it useful, and if you’d like to discuss any of the insights or issues we raise, please get in touch.
Cash flow has in the past been inherently positive for most travel businesses and so forecasting hasn’t always been at the forefront for finance teams, but moving forward it should be a regular feature and even with the uncertainty that still exists, it’s important to start to now.
Martin Alcock spoke to BBC News on 21 May 2020 about how likely it is that people will be able to have a summer holiday in 2020.
TTC Director Martin Alcock spoke to TTG Media about what the industry can expect from M&A activity, post-Covid-19.
Here we explain the difference between the two types of claim and provide some top tips on how to challenge a chargeback.
We all need to ask some searching questions about the long term impacts on our business models. We've put a together a few for you to start thinking about below, to help ensure you are ready for the bounce back.
We have pulled together the key facts about the loan to help you decided whether to apply.
Many insurers have now pulled their travel products from the market. What does this mean for consumers and the industry?
In this video Adam Pennyfather talks through some first-hand, practical tips to help make the furlough process easier.
In this second part of our CBILS video series, Adam Pennyfather gives an update on the scheme now that it has been running for a few weeks.
The Covid-19 pandemic continues to cause unprecedented challenges for the travel sector
TTC's Adam Pennyfather discusses his key takeaways from working through a loan application under the Coronavirus Business Interruption Loan Scheme (CBILS).
There is a specific HMRC Coronavirus helpline for negotiating time to pay - 0800 0159 559. Before you pick up the phone here are 5 things to think about.
To help UK businesses through these challenging times, the Chancellor announced the Coronavirus Business Interruption Loan Scheme (CBILS) in his budget statement.
The March ATOL renewal process is now firmly underway.