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Travel giants to ringfence customer deposits to speed up refunds

Travel giants to ringfence customer deposits to speed up refunds

The Telegraph - Oliver Gill

The Government plans to implement the new rule over the next few weeks The travel industry is in line for its biggest shake-up in almost half a century, as watchdogs prepare sweeping changes to reflect public anger over delayed refunds. In an echo of the rules imposed on banks in the wake of the …

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