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Re: Shearings Holidays

By SamBee23/5 01:03Sat May 23 01:03:30 2020In response to Re: Shearings Holidays

Views: 537

This is massively sad, but expected. A mere 2,500 jobs, hundreds of thousands to follow in the industry when the furlough rules change. I know a well respected luxury tour operator that closed their doors and sent everyone home redundant 4 weeks ago, only have not declared in administration as the banks & CAA can't actually get through to confirm. I think the owners literally just walked off.

Shearings owned some amazing hotels in the UK, proper actual physical assets they can borrow against, trouble is the PTR destroyed them, as it will do many others in the months to come.

I've spent the day drinking 57.3% gin and comparing notes with friends in other companies. It's going to fall like a pack of cards.

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