THIS WEEK'S HEADLINES:
Move to weekly settlement will hit corporates

HRG’s group industry affairs director Mike Platt has slammed IATA’s plans to move towards weekly settlement through the Billing and Settlement Plan.

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ACTE says green taxes 'make no sense'

The Association of Corporate Travel Executives has called on governments around the world to be honest about “green taxes” and says the money raised should be ring-fenced to support environmental initiatives.

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CWT acquires Swedish TMC

Carlson Wagonlit has acquired the Swedish travel management company Ark Travel in a deal worth SEK 273 million (£21m).

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Meetings face double digit rise in Europe

'Meeting costs are going up significantly,' said Pieter Rieder, senior vice president EMEA, Starcite. Speaking at the ACTE Global Conference in Munich, he added that costs are set to rise by between 6-7 and 11 per cent next year.

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BA slashes excess bag charges

British Airways is to drastically reduce its excess baggage charges from 6 November following extensive criticism of its system of its per bag charges.

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