UK travel company CLOSES after 24 years with all trips cancelled

The UK's Groupia Ltd, a popular travel company that specialized in group trips across the UK and Europe, has abruptly shut down after 24 years in operation, leaving all future trips cancelled. The closure has left over 750,000 travelers, who enjoyed everything from hen and stag parties to ski trips, scrambling to find alternative arrangements. This sudden shutdown highlights the fragile nature of small to medium-sized businesses, especially in sectors heavily impacted by the pandemic, and underscores the importance of travel insurance and flexible booking policies for travelers.