![]() Why is UK economy so resilient? We saved huge amounts during pandemic and those funds are keeping families going now, says HAMISH MCRAE.MIDAS SHARE TIPS UPDATE: For most passengers, airport security is a nightmare but quick scan reveals winner in DiscoverIE.MIDAS SHARE TIPS: Miner Thor Explorations could prove a GOLDEN opportunity for your portfolio. ![]() ![]() 'I save £600 a year by lift sharing to hard-to-reach events': As travel costs and prices of tickets rise, more are sharing a ride to summer festivals.TONY HETHERINGTON: Our flight from Manchester to Barcelona was cancelled and we were taken for a ride by Vueling.Saga, you MUST ditch this plan to stop sending free monthly magazine to lifetime subscribers.Antiques Roadshow expert Andy McConnell tells ME & MY MONEY about a clear winner: I paid £8 for five glasses that were worth £5,000.'I'll start on my bucket list now rates are up': How once-derided annuities are the comeback kids of retirement planning - with an income of 7% a year.Why is there such a huge gap between best buy cash Isa rates and other types of savings account? An expert explains.'Rowan Atkinson may have fallen out of love with electric cars… but I don't think the British public has,' says EV expert FIONA HOWARTH.M&S tells investors to stay away from AGM: Sparks fly after it warns shareholders they are not welcome.The TTA said it was not impacted financially if a member was unable to pay creditors and stressed no other members would be affected. No accommodation-only bookings have been fulfilled since October 25 and all customers have been offered a refund. Truly Travel’s sister company Alpha Holidays, which traded as and was bought by the group in 2013, also had its TTA membership terminated. Bookings, made through a third-party supplier, were then paid and reinstated by TTA Travel. The company said seven customers had arrived in resort to find their bookings had been cancelled by hotels since October 29. He added: “A communication was sent to all consumers and Truly Travel suppliers, reassuring them holidays will go ahead as planned and that bookings are now financially protected through TTA Travel.” TTNG chief executive Gary Lewis said Truly Travel, “like many travel businesses”, had been “severely impacted” by the pandemic. As of October 19, the company owed £1.2 million in refunds and had paid back £10.8 million since Covid struck. ![]() The Teletext brand is subject to legal action from the Competition and Markets Authority (CMA) over the failure of Truly Holdings to pay refunds on cancelled package holidays. Flight-inclusive holidays will continue to go ahead, with TTA Travel collecting balances and paying the relevant suppliers. TTNG did not reveal the number of bookings affected but said all had been recontracted with TTA Travel, its fulfilment company. It has not been able to take new bookings since its membership was closed on October 29. Truly Travel, which became Teletext Holidays’ sole supplier of holiday offers and advertising in 2013, had traded under the Atol licence provided by TTA. TTA, part of The Travel Network Group (TTNG), said liquidators had been appointed because of “ongoing challenges to meet existing non-travel creditors”. ![]() The move could result in the end of the Teletext Holidays brand, which was founded in 1992 and became one of the best-known mainstream holiday providers on TV in the 1980s and 1990s. Liquidators have been appointed to close down Teletext Holidays parent Truly Travel following the termination of its Travel Trust Association (TTA) membership on Friday. ![]()
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