Grasping the issue
Baroness Vere has very quickly grasped the deficiencies which have so long been tolerated in the financial regulation of travel.
It is right for the DFT and CAA to call time on the legalised embezzlement of client money with the ATOL reform proposals due this month.
Outlawing embezzlement of Client money on ATOL protected bookings has always been the fundamental issue to address. Thought must then turn to the majority of bookings, not covered by ATOL.
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