Watch TTC Director, Adam Pennyfather speak at Travel Weekly's Future of Travel Spring Forum.
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.
If you’re considering setting up a trust account for your travel business, or you’re being asked to accept a trust account as a means of security, there are four basic key characteristics you should understand.
If you accept card payments you will need to use a merchant acquirer. But what role do they play and why is your relationship with them not quite so straightforward as it once was?
In this post we take a look at the recent updates by Chancellor Rishi Sunak of the Job Support Scheme.
Watch our video of TTC Director Martin Alcock who joined Deloitte and OFX to discuss how travel businesses can manage FX Risk during the pandemic.
Chancellor Rishi Sunak has announced further financial support from the government to help businesses and individuals that have been negatively affected by Covid-19.
UPDATE – The government has now announced an extension to the CBILS deadline. Businesses wishing to apply have until 31 March 2021. Many travel...
The Covid-19 pandemic has had a significant impact on the travel industry.
The Covid-19 pandemic has raised the profile of trust accounts.
It’s positive to see there are some early signs of recovery for the travel industry after some challenging months due to Covid-19.
UPDATE: The government has now extended the furlough scheme until December 2020. Please see here for further information.
UPDATE: The government has now extended the furlough scheme until December 2020. Please see here for further information.
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.
Here we explain the difference between the two types of claim and provide some top tips on how to challenge a chargeback.
We have pulled together the key facts about the loan to help you decided whether to apply.