HRG reported further recovery in the UK and North American travel markets while conditions in Continental Europe and Asia Pacific will remain consistent with the past year. Chief executive David Radcliffe described the period as “one of the most challenging” for the company in recent years, resulting in £2.6 million of cost cuts and job losses with the closure of offices in the UK, Canada, Germany, Switzerland and the Nordics region. “As a result of these cost reduction actions, we have once again had to say goodbye to a number of our colleagues over the last year, many with long service,” Radcliffe said. Get the full story at Travel Weekly UK