Hogg Robinson hit by corporate travel cuts

Click to follow
The Independent Online

The corporate travel organiser Hogg Robinson said its sales had tumbled as businesses cut back on spending.

It said revenue fell 7 per cent in the four months to 31 January as the shadow of Europe's debt crisis continued to loom over the corporate world. But David Radcliffe, the chief executive, said the company was well-placed to help clients watch their pennies.

Comments