Tag: Lowcost administrators still establishing cause for company’s collapse

Lowcost Group – reason for collapse still unknown

Administrators appointed following the collapse of Lowcosttravelgroup last summer owing tens of millions of pounds have still to establish a cause for the company going under. The latest progress report by administrators at Smith & Williamson says an investigation is continuing into the business and its various trading arms. Total claims received against against lowcosttravelgroup […]