Cook has imposed a recruitment freeze and halted spending on planned projects
to cut £50 million from its UK business as a result of the current climate.
travel giant has vowed to press ahead with base pay rises in April for its
12,500-strong UK workforce at a cost of “several million pounds”.
honours a pledge to staff for a pay review, which increases salary levels based
on a new accreditation system.
the UK business cut costs by £140 million, which included slashing higher
salaries and freezing lower pay, although these were restored at the end of