Budget Travel has confirmed that it will close 14 of its stores around the country by the end of next month.

The company says it is still talking to staff about the number of redundancies that are likely to result from the closures.

In the middle of last August, the company announced it had begun a 30 day consultation process with staff, which was likely to result in the closure of 14 of its 31 stores, and the loss of 95 jobs between the shops and head office.

The company currently employs 266 people.

A spokesman for the company said the closure of the shops would happen, but the company was still in consultation with staff with a view to trying to save as many jobs as possible.

He cited the ongoing challenges facing the travel industry as the reason for the rationalisation.

The spokesman said the company was examining a number of options which might result in some of the jobs being saved.