Why business class isn't worth the expense

The Independent and other media recently have been full of stories about how the slump in sterling is damaging the wallets and purses of holidaymakers: a family of four taking the Sydney Harbour Bridge Climb will now pay as much as for a cheap flight from London to Australia’s biggest city.

But arguably the people who deserve the most sympathy (oh, go on, just for once) are company bean-counters. The men and women who are responsible for cost control are finding that business travel costs are increasing faster than the price of Marmite.

Of course they may be working for firms that are set to do very well from the slump in sterling, by selling more goods and services thanks to the depreciation in the pound. But they are still faced with the fact that, in sterling terms, pretty much every expense a business traveller incurs when abroad is …