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Harrods Sets Aside £62.3 Million for Al‑Fayed Abuse Redress as Accounts Show Annual Loss

The time‑limited program pays survivors who allege abuse linked to the former owner under structured awards with defined caps.

Overview

  • Harrods has reserved £57 million for compensation plus £5.3 million for legal and administrative costs to fund a scheme limited to allegations against Mohamed Al‑Fayed with a sufficient connection to the business, including some overseas incidents.
  • More than 100 survivors have entered the process, with applications open until March 31, 2026 and initial awards issued at the end of April 2025.
  • Awards are capped by category, including up to £200,000 for general damages, £150,000 for work‑impact, £25,000 for aggravated damages, £10,000 for wrongful testing, and coverage for treatment costs.
  • Accepting compensation through the scheme is reported to require claimants to forgo further legal action for damages.
  • Harrods’ latest accounts show a swing to loss of about £34.3 million from a £111 million profit the prior year, reflecting exceptional charges tied to the program, while the Metropolitan Police say 146 people have reported crimes linked to Al‑Fayed.