Travel money group Travelex cuts 1,300 UK jobs

Travel money group Travelex cuts 1,300 UK jobs
Travel money group Travelex cuts 1,300 UK jobs Financial company PwC, brought in by Travelex to advise on how to remain afloat, said late Thursday that a restructuring deal had been struck to provide £84 million ($108 million, 92 million euros) in fresh funds.