Home / Commercial

Legal News

CMA publishes press release on possible legal action against teletext holidays

Copyright © 2025 LexisNexis

Published on: 16 September 2021

Published by LNB News

LNB News 16/09/2021

Document Information

Issue Date: 16 September 2021

Published Date: 16 September 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Competition and Markets Authority (CMA) has published a press release stating that Teletext holidays could face legal action over package holiday refunds. Truly Holdings Ltd, which operates Teletext Holidays, have signed undertakings committing to refunding cancelled package holidays during the coronavirus (COVID-19) pandemic within 14 days. It was required that holidays were refunded promptly by the end of August 2021. In total, £7.2m has been refunded however £600,000 is still outstanding. The CMA considers that not enough has been done and has notified Truly Holdings that they will take the company to court if more is not done.

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin