HRG Reports 'Difficult' Year but Some Market Optimism

U.K.-based Hogg Robinson Group chief executive David Radcliffe today said he does not "see a lot of change in the macroeconomic climate in the short term" after reporting on what the company called a "difficult" fiscal 2008, which ended in March. "Mainstream, managed travel should continue to maintain its position," said Radcliffe. "We expect to deliver growth during this financial year."