logo
Barrhead Travel story in Glasgow surely offers some lessons

Barrhead Travel story in Glasgow surely offers some lessons

And it was somewhat astonishing to hear the price of a week's holiday in Majorca in 1979 was £50.
However, what really hit home as the story of the first 50 years was told was the astute and entrepreneurial decision-making of Barrhead Travel's founder, the late Bill Munro, at various key stages of the development of the business. These included, from Barrhead Travel's earliest days, opening when others were closed, something that was a driver of the establishment of the business in the first place, and Mr Munro's embracing of the internet when it brought major change to the sector.
In many ways, it appears Mr Munro built the business by making the right decisions and doing relatively simple things very well indeed.
That might sound straightforward enough. However, that is from the position of reflecting on the story of Barrhead Travel from where it is now, having observed the various key stages.
What is clear is that Mr Munro had tremendous vision, assessing trends in the sector and reacting shrewdly and at times boldly. The wisdom of the decisions and strategy that paved the way for the creation of what is now a major UK-wide travel agent, from a single shop in Barrhead on the outskirts of Glasgow in 1975, might seem apparent enough with hindsight.
However, Mr Munro did not have the benefit of hindsight as he navigated huge changes in the industry. He did just fine without it, achieving a degree of success that is remarkable.
Other major events in Barrhead Travel's history - highlighted by president Jacqueline Dobson at last Thursday's dinner – include the responses of the business to the collapse of major package holiday and airline company Thomas Cook and to the coronavirus pandemic.
Barrhead Travel has also undergone a change of ownership.
It was sold to US-based Travel Leaders Group in 2018, and was by that time one of the UK's biggest travel agents.
Barrhead Travel celebrated its 50th birthday at a dinner at Glasgow's Old Fruitmarket last week. (Image: Barrhead Travel)
Travel Leaders Group is part of Internova Travel Group, which has its head office in New York.
Mr Munro died aged 80 in October 2024. A Barrhead Travel spokesman said then: 'It's been almost 50 years since Bill Munro founded Barrhead Travel. His bold vision fundamentally changed the landscape for high street travel agents across the country. He made a tremendous contribution to the overall travel industry as well as becoming an influential figure within the Scottish business community.'
This legacy was plain at Barrhead Travel's 50th birthday dinner, which was attended by the founder's daughter, Sharon Munro, who stepped down as president of the business at the end of 2018.
Another legacy which was evident was a focus on people within Barrhead Travel, which employs more than 560 people.
Read more
While the many opportunities given to young people by the business over years and decades through its apprenticeship approach were highlighted, what was also to the fore was the long service of staff throughout the business, including across the executive team.
Far too often in the business world these days, the importance of such experience is overlooked, to the ultimate cost of companies which take such a lamentable view.
Ms Dobson highlighted the length of service of many of Barrhead Travel's employees.
She said: 'I started my career as an apprentice, and many of my colleagues did too.'
Jacqueline Dobson has been with Barrhead Travel for 25 years. (Image: Barrhead Travel)
Ms Dobson highlighted the fact that she had been with the business for 25 years. And she emphasised she was 'certainly not alone' in having been with Barrhead Travel for that length of time or longer.
The business characterises its own journey as follows: 'Since it was founded in 1975, Barrhead Travel has expanded from a traditional 'bucket and spade' travel agent to a multi-faceted travel group offering bespoke holidays and cruises to all corners of the globe.'
And it highlights the fact that 'in addition to its retail network which spans over 90 locations across the UK, the group has a number of specialist divisions including touring and adventure, cruise and USA'.
The business has indeed come a long way, and its current US-based owner has backed the continuing expansion of Barrhead Travel.
What was notable, however, was Ms Dobson's emphasis last week on how the 'heart of the business' is the same as it was 50 years ago.
She said: 'While so much has changed, the heart of the business remains the same. We're here to solve problems, support our people, and ultimately deliver unforgettable holidays.
'Our resilience over the decades has only strengthened our belief in what we do. It's our people, our customers, and our communities that have shaped this journey. Celebrating 50 years is not just about looking back, it's about looking forward with confidence, staying true to our roots while continuing to evolve.'
Ms Dobson declared that, as Barrhead Travel looks ahead, 'there are no signs of slowing down, with plans for continued investment and expansion on the high street as well as launching new technology'.
She highlighted the fact that 'the business has had a record-breaking year, with January 2025 being the most successful month in its 50-year history'.
And Ms Dobson emphasised: 'It believes its founding principles, customer service, innovation, and community are as relevant today as they were in 1975.'
It is good to see the founding principles of Mr Munro 50 years ago continue to deliver growth and success for what is such a well-known Scottish business.
There seemed to be a genuine warmth in the room last week from the various travel industry partners with which Barrhead Travel works.
And Ms Dobson's emphasis of the degree to which the business values its people also came across passionately, in stark contrast to the kind of buzzword bingo you hear on this front from some corporates.
Many might have doubted when the internet began to revolutionise travel that businesses like Barrhead Travel would continue to thrive but, while many but certainly not all of its competitors have found the journey more difficult and at times impossible, the operation founded by Mr Munro back in 1975 has gone from strength to strength.
Hopefully, Barrhead Travel will continue to prosper and prove resilient through the ups and downs of future decades, and it will have the continued backing of its owner to build on the success achieved over the last 50 years.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Vatican-backed report seeks financial reform to avert decades of lost development
Vatican-backed report seeks financial reform to avert decades of lost development

Reuters

time39 minutes ago

  • Reuters

Vatican-backed report seeks financial reform to avert decades of lost development

LONDON, June 20(Reuters) - A commission launched by the late Pope Francis has outlined financial reforms it says could help to avert decades of lost development in poor countries that face onerous repayments as global public debts reach record levels. The Jubilee Commission report is published ahead of the once-a-decade United Nations Financing for Development Conference that takes place in Seville, Spain, later in June. The environment for this jubilee-year campaign could hardly be more different from the last - 25 years ago - that yielded billions in historic debt forgiveness. Mariana Mazzucato, a University College London professor and member of the commission, said today's debt crisis was symptomatic of "a broken investment model". "The solution has to be public investment strategies that build productive capacity, domestic value added and sustainable fiscal space," she said. The report recommends measures including more debt suspension initiatives and steps to ensure money from institutions, such as the International Monetary Fund and the World Bank, does not end up flowing from countries to private creditors. It also urges legal changes in London and New York - the jurisdictions for most bond contracts - to disincentivise creditors from refusing to take part during debt restructurings. After the debt forgiveness that followed the previous jubilee campaign, many developing countries, freed of their existing debt, turned to more expensive private lending, and China's lending ballooned. As a result, countries including Sri Lanka, Zambia and Ghana slid into default. A wave of sovereign defaults unleashed by the COVID-19 pandemic - and exacerbated by the pressure of Russia's invasion of Ukraine and a global rate-hiking cycle that boosted borrowing costs - largely crested last year. But the commission said dozens of countries are still squeezing spending to repay debt - with long-term implications for development and social cohesion. Average interest costs for developing countries as a share of tax revenues has almost doubled since 2014, while 3.3 billion people - and more than half of Africans - live in countries that spend more on debt service than health. The system, the commission's leaders said, traps countries in a cycle in which private lenders send cash when times are good - but quickly shut off access when global risk re-emerges. When lenders of last resort, such as the IMF, send money, the commission said that money often goes towards repaying creditors to avoid default. Martin Guzman, commission co-chair and Argentina's ex-Economy minister, said that created a problem for both creditors and debtors. "They don't come to the table with the right conditions for engaging timely and sustainable restructurings, and that aggravates the development crisis," he said.

Forbes will ‘leave no stone unturned' to help save Alexander Dennis jobs
Forbes will ‘leave no stone unturned' to help save Alexander Dennis jobs

STV News

time41 minutes ago

  • STV News

Forbes will ‘leave no stone unturned' to help save Alexander Dennis jobs

Scotland's deputy First Minister has pledged to 'leave no stone unturned' to secure a future for the workers at risk of losing their jobs at bus manufacturer Alexander Dennis. Kate Forbes, who is also the Economy Secretary, said the Scottish Government would 'explore every avenue' to save the 400 jobs at risk of redundancy. Up to 400 jobs have been put at risk after the manufacturer announced plans to move operations in Falkirk and Larbert to a single site in Scarborough in North Yorkshire. PA Media 400 jobs at Alexander Dennis are at risk (Andrew Milligan/PA). It comes after more than 400 jobs were lost at the nearby Grangemouth refinery. Forbes said ministers at Holyrood first spoke with the firm about the proposals on May 25, and said she believed the UK Government did so at that time too. She insisted she was 'determined' to find an alternative to job cuts at the Falkirk and Larbert factories. Opposition parties accused the Scottish Government of having done nothing, despite the company warning a year ago that it may cut jobs in Scotland. Vowing to 'leave no stone unturned', Forbes said in a statement to the Scottish Parliament: 'We are determined to help the business find an alternative to that route and to find different ways to meet market challenges through investment and improved performance. 'A key part of that is the ability of Alexander Dennis to secure future orders, and that is why we are working closely with the company to identify and secure a forward pipeline of demand for high quality buses from Scottish and UK customers.' She said securing a pipeline for bus orders in Scotland was 'key' to securing the future of the sector in Scotland. She added: 'We will work in close collaboration with the company, with trade unions and the UK Government to find practical solutions. 'We are not going to play politics with the situation. 'We will continue to explore every avenue to avoid job losses.' The situation dominated Labour's questions at FMQs on Thursday, with Anas Sarwar accusing the First Minister John Swinney of doing 'nothing' to save the jobs, despite warnings they could be lost. The Scottish Labour leader pointed to a letter from last August, from Paul Soubry, president and chief executive of Alexander Dennis's parent company, NFI, who told Swinney: 'We are regretfully left with the impression through recent developments that the Scottish Government has little regard for domestic bus manufacturing jobs in Scotland and we have no choice but to reconsider our entire investment in the Scottish operations of Alexander Dennis.' Sarwar said: 'Last week, John Swinney claimed that he became aware of issues facing Alexander Dennis a few weeks ago and was doing what he could to help the company. 'But that is not true. John Swinney received a letter almost a year ago directly from the company setting out how his decision to buy buses from China, instead of from Scotland, was putting the company and jobs at risk. Scottish Secretary Ian Murray echoed that sentiment, telling the PA news agency: 'The bottom line here is that the Scottish Government have known about this for a year and done absolutely nothing. 'There's a pattern here, they knew about the Grangemouth refinery closing for three years and did nothing. 'And now what they're trying to do is pass the ball back to Westminster.' He said the UK Government is doing 'all we possibly can' to resolve the issues at the bus plant, adding: 'The big issue with Alexander Dennis in Falkirk is the Scottish Government didn't buy as many buses off them as they should have done. 'In fact they bought four times fewer as Andy Burnham in Manchester.' Speaking after Forbes' speech at Holyrood, Tory MSP Stephen Kerr said the Scottish Government could not 'conceal' the fact it 'did nothing'. He said: 'Let us be clear, I hear what the deputy First Minister says about setting politics aside, but our role here is to scrutinise the performance of the Scottish Government – and this crisis did not come out of the blue. 'This statement, however skilfully delivered, cannot conceal the truth: the SNP Government was warned repeatedly for over a year and did nothing. 'When Alexander Dennis asked for support, they were met with silence. 'When Scottish jobs were on the line, the Scottish Government were looking in another direction. PA Media Scottish Conservative MSP Stephen Kerr said the Scottish Government did 'nothing' despite warnings from the company (Fraser Bremner/Scottish Daily Mail/PA). 'When buses, orders for buses were needed, those orders went to China.' Unite union Scottish secretary Derek Thomson said: 'Unite has held positive and constructive meetings with the Deputy First Minister to explore all options which can keep the Alexander Dennis sites open in Falkirk and Larbert. 'We welcome the Scottish Government actively working with the trade unions to find solutions to the threat of 400 highly skilled jobs being lost. 'It is our firm belief that there are pathways to retaining a manufacturing presence at the sites.' Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country

What's your credit score and how do you improve it?
What's your credit score and how do you improve it?

The Independent

timean hour ago

  • The Independent

What's your credit score and how do you improve it?

Nowadays, contactless payment, Buy Now Pay Later and online loan approvals makes maintaining a good credit score even more difficult. Whether you're applying for a mortgage, switching utility providers or even signing up for a new mobile phone contract, your credit score plays a quiet but integral role in how easily, and affordably, you can access it. Yet, many people have no idea how it's calculated – or how to improve it. So we hear from consumer finance experts what you need to know about your credit score and how to boost it. A credit score explained and why it matters Many of us wouldn't dream of applying for a job without knowing what our CV says – yet when it comes to borrowing money, we often forget to check the financial CV that is our credit score. This three-digit number, used by lenders to judge our trustworthiness, can affect everything from mortgages to mobile phone contracts. 'A credit score is a personalised number that lenders use to assess how trustworthy you are when it comes to borrowing money,' explains TV's consumer finance expert and founder of Nous, Greg Marsh. 'A higher score means you're more likely to get approved for a loan, and offered better rates.' These scores are based on information held by three main credit reference agencies – Experian, Equifax and TransUnion – and each can possess slightly different records. Marsh says it's worth checking all three periodically. What affects your score Your score isn't arbitrary – it reflects your financial past. It includes whether you've paid bills or loans on time, how much of your credit limit you're using and the age of your accounts.'Avoid going over your credit limit or using too much credit, as this will incur additional fees and charges and potentially damage your credit score,' says Tesco Bank' s director of Help Me Borrow, Mamta Shanbhag. Opening too many credit cards in a short space of time, or maxing them out, can count against you.'Making multiple credit applications at once – such as several credit cards in a week – can negatively affect your score, as it signals to lenders that you may be in financial difficulty,' says Equifax UK' s chief strategy and innovation officer, Craig Tebbutt. How to improve it Improving your score is less about tricks and more about habits. 'It's crucial to pay your bills and loan repayments on time to show lenders you've been reliable in the past,' says Marsh, 'setting up Direct Debits is useful as you don't need to remember to make a payment.' Other positive steps include keeping credit card balances low, staying within any arranged overdraft and registering to vote at your current address – a surprisingly important detail for verifying identity. 'Being on the electoral register and having a positive track record with different types of credit can also boost your score,' says Tebbutt. 'The best way to improve your score is to always pay your bills on time, keep credit card balances low, and avoid applying for too much new credit in a short period of time.' Shanbhag recommends using 'eligibility calculators' before applying for credit. These tools show how likely you are to be accepted without affecting your score. 'If you apply for a credit card or loan in full and get rejected, or complete multiple applications, it could affect your credit score,' she warns. What tools to use It's important to remember that you don't have to pay to check your credit score. There are several free and paid-for tools to monitor and improve your score. ' ClearScore gives free access to your Equifax report, while Credit Karma offers your TransUnion file,' says Marsh. 'Experian Boost also lets you add regular payments – like council tax or Netflix – to your score to demonstrate reliability.' He also points to paid-for sites like Loqbox, which reports your savings habits to credit agencies, and specialist credit cards for those with low scores – although these can carry high interest rates if not paid off in full. It's a long game Credit scores don't change overnight. 'Generally, you'll start to see improvements within three to six months after making positive changes,' says Marsh. But rebuilding after defaults or missed payments will take longer. The key is consistency and patience. 'Check where you stand, build good habits and monitor your progress,' says Shanbhag. 'It's not about perfection – it's about showing that you're responsible with money.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store