Aug 20, 2026 – 7.39amLondon | Corporate Travel Management has struck a deal with the UK Home Office to finalise the repayment of tens of millions of pounds for overcharging taxpayers for accommodation, as the company scrambles to avoid being kicked off the Australian stock exchange.Much of the overcharging related to bookings for hotel rooms used for quarantine during the COVID-19 pandemic, although Corporate Travel had also arranged accommodation for asylum seekers, including controversially managing a barge in southern England.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Corporate Travel strikes repayment deal with UK government
The embattled travel management group has repaid millions of pounds, while still winning new work despite its high-profile overcharging scandal.
TL;DRAI
Corporate Travel Management agreed to repay tens of millions for overcharging UK accommodation, risking ASX delisting. Vendor governance failure signals procurement risks tech leaders must address through cost-control and audit automation.
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