Sobbing Thomas Cook employees were seen leaving the company's HQ today in tears after the travel firm went bust.
And how much is it now going to cost the Government now in Benefits
I feel very sorry for Thomas Cook customers and its employees. It was a good company with a long tradition, practically inventing the package holiday. But with more people booking their own flights, accommodations etc there just doesn't seem to be a place in the market for them.
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Thomas Cook customers and staff bracing themselves for dire company futureA growing sense of panic has spread among hundreds of thousands of Thomas Cook customers bracing themselves for the prospect of Britain’s oldest travel company going bust. It be like de: FailingTelegraph no losers, no dead
Source: The Telegraph - 🏆 41. / 63 Read more »
Thomas Cook and RBS play blame game amid struggle for survivalA row between Thomas Cook and taxpayer-controlled Royal Bank of Scotland has escalated with both sides blaming each other for taking the travel agent to the verge of collapse. If they bail out Thomas Cook then they should do the same for Sirius Difficult for U.K. government to agree to fund saving a company with more international European customers than Brits these days. Why would the tax payer want to invest in a holiday company? Thomas Cook is bankrupt. Another zombie bites the dust. QE moral hazard will bankrupt them all in the end.
Source: The Telegraph - 🏆 41. / 63 Read more »
Temperance tours to inclusive packages: a history of Thomas CookThe father of modern tourism set up shop, modestly and soberly, 178 years ago in the east Midlands
Source: The Guardian - 🏆 84. / 53 Read more »