Bad news on Budget
A couple of very distraught people with Budget Travel vouchers have been in touch overnight to see if they had any chance of getting their money back following the announcement yesterday evening that the company is to be wound up. The bad news is no. Unless they paid with a credit card (in which case they can apply to their company for a chargeback) all anyone with vouchers can do is join the list of creditors and hope that some of their money is returned once the liquidation process is concluded. And the chances of that happening are very slim.
If I had gone into Budget yesterday morning and paid in full for a holiday or paid a deposit I could now realistically expect to get a full refund through the Commission for Aviation Regulation but if I went in and bought a voucher for the same value I can expect to get nothing. Seems crazy to me but that’s the law.