Thomas Cook collapse: 'fat cat' pay row as repatriation continues - business live

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Failure of world’s oldest travel company leaves bosses facing tough questions over their pay and performance

Nearly 1,000 British tourists left Turkey’s southwestern Mugla province yesterday, following Thomas Cook’s collapse. Many left after nightfall,and were clearly pleased to be heading home. An additional 3,000 tourists are expected to leave today.

 

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Usual story. Bosses run company into the ground - bonuses & debts (the co had huge debts), everyone gets rightly angry, asks gov qs, gov pretends it cares, nowt happens.

If Parliament was sitting this would undoubtably have been scrutinised- also the issue of hedge funds where some people will have made huge profits from this company’s misfortune.

UK 'Operation Repatriation'?

£47 million one bonus ...disgusting but not uncommon .top dogs knew well that the company was heading for collapse and took advantage of the employees whilst lining their pockets it should be a criminal offence, why is BorisJohnson just waffling gibberish useless sod get him out

Let me project: Media outrage followed by Government public show-trial of major shareholder(s) looking less than contrite - nothing follows.

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There’s always a fatcat pay row when any large company collapses.. it’s always the little man that pays and the big bosses who reap dividends. timeforchange

Executive pay is absolutely immaterial in the context of this collapse. The company owes billions.

Usual Capitalism - benefits for few, risks and debts for the rest VoteLabour

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Groom called Thomas Cook has Greek wedding ruined by Thomas Cook collapseThe groom, who shares the same name as the travel firm, has been left devastated by the turn of events 😂😂😂sorry My god people are acting like there life is ruined. Grow up there are people who have lost there jobs and don't know if they can pay rent and buy food.
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Shane Richie forced to apologise for calling Thomas Cook collapse 'karma'SHANE Richie has been forced to apologise after he sparked fury by branding the Thomas Cook collapse “karma”. The EastEnders star made the shocking remark just hours after the travel gi… Well hes right Ha, Ha, Ha, vile piece of work. Seriously? 🙄
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