Trust accounts in the travel sector: TTC comment in The Telegraph

Read Martin Alcock’s article from The Telegraph which looks at trust accounts in the travel sectors and potential government plans for refunds.

21 Sep, 2020 Updated 24 Aug, 2021
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TTC director Martin Alcock spoke to The Telegraph about trust accounts in the travel sector and rumours that the government plan to implement new rules to speed up refunds.

Here is the full article:

Screen grab of an article from The Telegraph on refunding customers in the travel industry

The original article can be found here – https://www.telegraph.co.uk/business/2020/09/19/travel-giants-ringfence-customer-deposits-speed-refunds/.

For information on the advantages and disadvantages of trust accounts, please see here.

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