UK businesses and their employees spend billions of pounds annually on foreign business trips

UK businesses and their employees spend billions of pounds annually on foreign business trips
Centtrip’s study found that nearly half (47%) of the UK’s medium-sized and large businesses ask employees to cover international expenses and claim the money later On average firms spend £106,000 on overseas expenses each year, potentially leaving employees out of pocket by as much as £1.7 billion until money is paid back Employees often do not claim back currency conversion costs, which at times are as high as 3%, and lose out on millions each year 18th December 2018 – UK businesse...

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