Several sources report that gap-year students and families face major financial losses after tour operator GVI (Go Volunteer International) ceases trading and enters liquidation. The Independent states that some students have lost as much as £10,000, with the company stopping operations on 1 July. According to the report, students who booked placements through GVI and arranged travel and related services now face uncertainty about whether they will receive refunds or continued support for activities already paid for. Yahoo UK News covers the same development, referring to the liquidation and the impact on students’ payments. While the outlets differ in emphasis and do not provide the same level of detail about the distribution of affected amounts, they are consistent that the liquidation leaves students out of pocket and that the timing of the closure has created immediate disruption to planned programs. The reports describe the situation as ongoing, with students seeking solutions through refunds and other available routes as administrators handle the company’s affairs.