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STA Travel UK folds as 50 high street stores shut and 500 jobs lost
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dailystar.co.ukTravel UK has ceased trading, meaning 50 high street stores shut and 500 jobs will be lost.The agency's Swiss parent company, Diethelm Keller Group, filed for insolvency on Thursday saying it was hoped individual businesses could continue trading.In a statement it said: "Sales have not picked up as anticipated, due to consumer uncertainties, further restrictions and renewed lock-down measures, which are expected to largely continue into 2021.
As a consequence, STA Travel Holding AG, is filing for insolvency."But a statement tweeted by STA Travel UK at 6.55pm on Friday, August 21, read: "Due to the recent announcement that STA Travel UK has ceased trading, unfortunately our travel experts are unable to assist you at this time."Please be.
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