Holidaybreak hit by weather

Outdoor European specialist holiday group Holidaybreak yesterday posted a wider first-half pre-tax loss as cash-strapped consumers preferred to stay home amid last year’s harsh winter on top of a difficult economy. For the six months ended 31 March, pre-tax loss widened to £19.2m from £17.7m last year. Revenue fell seven per cent to £139.6m. The company, which provides residential outdoor education and adventure trips for school children, said it was looking to further strengthen the education share of the group.