
Holidays 4 U Goes into Administration
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Business
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University
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Holidays for UK, a small travel company specializing in package holidays to Turkey, has announced its closure due to market challenges. The company, which has been in business for 17 years and employs 18 people, is unable to continue trading and has called in administrators. Approximately 12,000 travelers currently abroad are expected to be repatriated, while 20,000 with pre-booked holidays will not be able to travel. These customers are advised not to go to the airport and can claim refunds through the CIA. The company will cease trading immediately, and all staff will be made redundant.
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