Business · 11 July 2026
Gap year firm GVI closes, leaving UK students thousands out of pocket
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Hundreds of UK students are losing thousands of pounds after GVI, a travel company offering volunteer placements, went into liquidation on 1 July. Hundreds of UK students, including one anonymous individual who lost over £10,000 for a South Africa internship, are facing significant financial setbacks, describing the news as "gut-wrenching." While many students struggled to secure refunds, some individuals managed to retrieve their funds from their banks, though the experience has fostered a significant distrust in travel companies.
Reported by BBC · How we write briefs