Disclosure of the true value comes as Harrods reports that its much criticised Redress Scheme only paid a total of £4.1m in compensation to just over 50 survivors in the year up to January 2026 and has only set aside £51.8m for all future claims.
KP Law, which is representing over 275 survivors in their fight for justice, full accountability, and compensation against both Harrods and the Estate of the late Al Fayed (“the Estate”) for the systematic abuse and exploitation that they suffered at the hands of Mohamed Al Fayed, has today announced that the true value of its survivors’ claims could be as high as £150m.
This figure is in stark contrast to the £4.1m paid by Harrods in compensation to survivors up to the end of January 2026, and the provision of just £51.8m that it has set aside for all future compensation claims (as reported in Harrods Financial Statement ending January 2926).
The £4.1m that Harrods has actually paid in compensation to date also stands in contrast to recent media reports suggesting that the business had suffered a pre-tax loss of more than £34m, driven by difficult market conditions and £62.5m in compensation payments. In fact, the £62.5m figure represent the amount Harrods set aside to meet compensation claims, rather than compensation it has already paid.
In addition, based on the closest figures that Harrods is prepared to disclose as to how many claims it had settled by the end of January 2026, the £4.1m paid in compensation equates to no more than £82,000 per survivor; a figure which is very low when compared with the evidence based valuations undertaken by KP Law on behalf of its survivor clients.
At the same time, while Harrods only paid out £4.1m in compensation, the latest set of financial statements show that Harrods highest paid director earned £3.4m in 2025, up from £2.4m in 2024. It is also understood that the Qatar Investment Authority, which purchased Harrods in 2010 for £1.5b, took £260m out of Harrods in the 2 years preceding the public
becoming aware of the true level of abuse and exploitation undertaken by Fayed and his team of enablers.
Kingsley Hayes, Lead Partner at KP Law stated:
“Today, for the first time, the true value of the compensation claim against Harrods and the Estate is exposed and lays to waste the claims that Harrods have continued to put survivors and their need for justice first. It also clearly demonstrates that the Redress Scheme, which Harrods closed on 31st March 2026, was not worth the paper it was written on.
Despite the desire for closure, the fact that almost all of our clients elected not to enter into the Harrods Redress Scheme reflects the widely published negative issues and concerns about the scheme; all of which were raised when it was first launched and which continued until it closed.
The Redress Scheme was simply not fit for purpose, and the total amount Harrods has set aside to settle all claims is not based on reality, with the true cost likely to be double or triple the amount. In short, Harrods has used its own managed Redress Scheme to put its own commercial concerns ahead of survivor needs, seeking to minimise the commercial impact on the business while enabling it to falsely claim it had survivors’ interests at heart”
Infighting between Harrods and the Estate means more delays to survivors getting closure
In addition to announcing its assessment of the aggregate value of its clients’ claims, KP Law has confirmed that the alternative settlement processes agreed with Harrods and the Fayed Estate in December 2025 have reached an impasse. Those processes were intended to provide a timely, trauma-informed and survivor-centred route to justice and compensation. Harrods has since informed KP Law that settlement discussions cannot be advanced until its passing-over application concerning the Fayed Estate has been determined. As a result, survivors continue to face delay and uncertainty rather than the justice and closure they deserve.
KP Law has continued to progress the agreed processes by preparing and serving detailed evidential packs. However, matters have developed significantly from what was originally envisaged, while Harrods and the Estate remain focused on their dispute over responsibility and the ultimate financial burden of the claims.
Against that background, KP Law is now making formal offers to settle sufficiently advanced individual claims. This is intended to provide a more direct route to out-of-court resolution and to spare survivors the additional distress, uncertainty and delay associated with prolonged legal proceedings.
Lucy Traynor – Senior Associate with KP Law commented:
“KP Law’s priority remains securing fair and appropriate outcomes for every survivor we represent and pursuing accountability from those alleged to have enabled the abuse.
Survivors have already waited a considerable time for meaningful progress. The continuing uncertainty and delay cause further distress to people who have lived with the consequences of the abuse for decades and who understandably want acknowledgement, accountability and closure.
We remain ready to engage constructively with Harrods and the Fayed Estate. Survivors should not be left caught between their respective legal and financial positions or required to wait indefinitely for the fair resolutions they deserve.”
