The Grand Palladium resort in Punta Cana was a swank respite in March for Leigh Anne Belcher and her daughter until they got a call to stop by the front desk about a billing question. Their travel agency, swamped with coronavirus cancellations, had abruptly closed its doors and disconnected its phone […]
collapse
What does the company’s collapse mean for business and travellers?
Distant dreams: the STA Travel head office in central London: Simon Calder STA Travel UK, one of the biggest names for backpackers and adventurers has gone out of business. On Friday evening, the Civil Aviation Authority (CAA) announced that the London-based firm had failed with the loss of 500 jobs. […]
Domestic workers dumped on the street amid unprecedented economic collapse
Over a dozen Ethiopian domestic workers camp outside the Ethiopian embassy in Beirut after being dumped by their employers: Bel Trew Bewildered and scared, Ife, an Ethiopian domestic worker, explains how just a few hours ago she thought she was on her way to Beirut airport. “So you can fly […]
Wirecard collapse hits users of British payments apps
Wirecard – Sven Hoppe/DPA The collapse of German payments provider Wirecard is having knock-on effects on British financial technology companies, with many customers being blocked from withdrawing money or using their accounts. Digital bank Pockit – which provides accounts for those unable to get a traditional bank accounts – and account management […]