group meal

My employee is overspending on business travel. What can I do?

It’s not uncommon for employees to overspend on expenses when they go away for business. This might be down to confusion about what expenses your company allows, a simple mistake or they may have a valid business reason for spending that little bit more, either way you probably want to get a grip of business travel overspend. A survey of UK employees last year found that those who submit work expenses or have access to an expenses account, spend an average of £117 per month on unauthorised and inflated purchases. Some cases of over-spending are one-offs. But some employees may […]

Four hours in Barcelona: tips for time-starved travellers 🇪🇸

You’re in Barcelona but only have half a day, or perhaps just four measly hours, to spare in the Catalan capital. So, what do you do? It’s a tough call. Spain’s second city is after all one of Europe’s most popular tourist destinations. Here are just a few suggestions for things to do and see if time is short. Camp Nou We put a shout out on our Facebook page for suggestions of what to do in Barcelona and the answer was emphatic: visit Camp Nou. Home to FC Barcelona, more commonly known as Barça, since 1957, Camp Nou is […]

Four hours in Hong Kong: tips for time-starved travellers 🇭🇰

It’s been described as the gateway to China, a melting pot of cultures where east meets west, or perhaps less gracefully, ‘stopover city’. Hong Kong is after all a regular feature on long-haul flyers’ itineraries. And its status as the ideal stop-over is helped by the Airport Express train which whizzes you from the airport to the city centre in just 24 minutes. So if that’s you, in Hong Kong for just a layover between flights, or on a business trip with an afternoon spare, we’ve got some tips on how to make the most of your time. Aberdeen We […]

5 common and costly travel policy mistakes to avoid

Stressed and frustrated employees, overspending on expenses and even expenses fraud. These are all risks you face if you don’t get your company travel policy right. Without a carefully-honed policy, your employees won’t know how much to spend on what, nor to use any travel providers you might favour. Ultimately, it’ll be harder to plan your business budgets if you don’t control how much people are spending. On the other hand, a clear, up-to-date and well-structured policy – that everyone in the business knows about – will help your bottom-line. And remember, business travel is already complicated and stressful enough, […]

Four hours in New York: tips for time-starved travellers 🇺🇸

Let’s say you have a stopover in New York. Perhaps you’ll have an afternoon or so to spare, after allowing for the time it takes to get to and from downtown Manhattan from JFK. What do you do with that precious time? Here are some suggestions, helped by some recommendations from our community on Facebook. Central Park The huge, beautiful and free Central Park has so much to offer. Find maps here which include running and bike routes, self-guided walking tours – including a mile-long walk for each month of the year – and woodland tours. You can also go […]

Top apps for business travellers

The joy of discovering a good app! It might be because it saves you money, entertains you or just makes life that little bit easier. If you have to travel regularly for business, it certainly helps to download a few choice apps and here are some that regular travellers swear by: LinkedIn: for checking out who you’re meeting Amanda Thomson, founder and chief executive of prosecco and champagne producer Thomson and Scott, says: “I always use LinkedIn as it’s used by the business community across the globe and means I can easily research those I’m set to meet prior to […]

How to write the perfect out of office message

Nothing says it’s the start of a holiday, or at least a blessed few days off work, like setting your email out of office assistant. Especially if you can get away with telling everyone you’ll be ignoring them for a week or two. It’s a quick job. But you might pause for thought. Do you write hi or hello? Do you add a colleague’s contact details, and if so, which one (and do you tell them)? And then you have to carefully craft a sentence about whether or not you’ll be reading emails while you’re away. Most people are honest […]

Four hours in Berlin: tips for time-starved travellers 🇩🇪

You’re in Berlin. You could easily spend days or weeks absorbing all of the German capital’s history, roaming the huge parks, or just enjoying the lively café culture. But, no, you have just half a day or so – perhaps four hours on a stopover or at the end of a business trip – to take in one of Europe’s great capitals. Fear not. You can squeeze in a lot with just a little planning. Here are just a few suggestions for travellers on a tight schedule. Three museums in one John Maloney, who responded to a shout out on […]

We’ve gone contactless

Say hello to our new corporate contactless card. It’s now easier than ever to: make instant payments in shops, restaurants, etc. retrieve your PIN through our mobile app spend worldwide at market leading rates pause ⏸ and resume ▶ your card if it has been temporarily misplaced   Remember to make the most of our latest features: Upload photos of receipts Annotate transactions in the app Add VAT amounts   Businesses working with FairFX can take the hassle out of expenses and focus on the things that matter most. Find out more about how we can help your business by […]

Four ways small businesses waste time and how to avoid them

Is there one part of your job that particularly bogs you down? That wraps you up in red tape and endless paperwork, and leaves you tired and frustrated? It might be tax calculations, invoices or expenses. According to a 2018 survey of entrepreneurs running young UK companies, nearly two- thirds of them said they spend at least one day every month on such administrative financial tasks. Similarly, 55% of smaller business owners told a Federation of Small Businesses (FSB) survey in 2016 that their company’s growth is being held back by the amount of time they have to dedicate to […]

airport boards

The most expensive airports for business travellers

Executive airport lounges offer business travellers the chance to squeeze in some pre-flight comfort away from the bustle of the main departure lounge, but the cost can vary widely, our research shows. We compared the costs of executive lounges – as well as premium parking and other services – at 25 popular UK and international airports to find out which are jetting off with your cash and which offer better value for businesses. Dubai Airport tops the list with the priciest lounge, with business travellers slamming £200 onto their expenses bill to step foot inside. Closer to home, London City […]

man in hotel

No more budget hotels or cheap flights –
I want an upgrade!

You’re away from home, perhaps missing family commitments, probably working like a dog and shattered as a result. Business trips are no picnic. So how would you feel if you had to head to a budget hotel at the end of the day, for your few moments of R&R? Budget accommodation is becoming more popular It seems more and more businesses are opting to bed their travelling staff down in cheap digs rather than pay out for a little more luxury. Budget chain Travelodge said in October that business travellers account for more than half of its sales and it […]