Harrods sets aside more than 60m for abuse compensation
Briefly

Harrods sets aside more than 60m for abuse compensation
"More than 100 employees of the luxury department store are expected to claim up to 385,000 each via the redress scheme which is open until March 2026. The scheme, launched in March, provides to victims who claim they have suffered abuse by former Harrods owner Mohamed Al Fayed, who died in 2023. Multiple women have accused Fayed, who owned the luxury store between 1985 to 2010, of rape and sexual assault."
"Harrods have set aside 57 million to be used to compensate alleged victims, with an extra 5.3m reserved to cover legal and administrative costs, bringing the total amount allocated to 62.3 million. Harrods Managing director Michael Ward said that "more than 100 survivors" have joined the process of the scheme since it was opened. He added: "Compensation awards and interim payments began being issued to eligible survivors at the end of April 2025 and the scheme will remain open until 31 March 2026.""
Harrods has allocated £57m for compensation and £5.3m for legal and administrative costs, totalling £62.3m, to address alleged historical abuse. More than 100 employees are expected to claim up to £385,000 each through a redress scheme open until 31 March 2026, with awards and interim payments beginning at the end of April 2025. The scheme covers alleged abuse by former owner Mohamed Al Fayed, who died in 2023; multiple women have accused him of rape and sexual assault and 146 people have reported crimes to the Met Police. General damages are £200,000, with higher awards available when medical assessment and treatment costs apply. Harrods recorded a £34.3m loss in its latest accounts, compared with a £111m profit the previous year.
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