Thomas Cook collapse wrecks wedding for man called… Thomas Cook September 23, 2019 A man who shares the name of doomed travel company Thomas Cook faces the likelihood of cancelling his wedding after the travel company collapsed overnight. Read more: Thomas Cook collapse set to net hedge funds millions Among the hordes of unfortunate holidaymakers, Thomas Cook, 29, and his partner Amelia Binch, 27, from Hucknall, Nottinghamshire were [...]
Thomas Cook collapse set to net hedge funds millions September 23, 2019 The demise of travel firm Thomas Cook has caused chaos, leaving 150,000 Brits stranded abroad and triggering the UK’s biggest peacetime repatriation effort, but hedge funds are set to make millions from the collapse. Thomas Cook was the most shorted company on the London Stock Exchange ahead of its collapse into liquidation in the early [...]
Thomas Cook goes bust: How did it end up like this? September 23, 2019 Britain’s 178-year-old travel firm Thomas Cook officially collapsed into administration in the early hours of this morning after last-ditch rescue talks with lenders failed. The UK’s aviation regulator, the Civil Aviation Authority (CAA), is now in the process of escorting back home hundreds of thousands British holidaymakers who are abroad after booking with Thomas Cook. [...]
Timeline – Thomas Cook’s humble beginnings to a billion-pound collapse September 23, 2019 Thomas Cook’s insolvency has left hundreds of thousands of people stranded abroad, and cost tens of thousands of jobs in the UK. But it has been a long time coming. With debts ballooning over the last 10 years and a near-miss in 2011, Britain’s oldest travel firm has endured a bumpy ride in recent years [...]
Don’t Thomas Cook it: What customers should do after tour operator collapse September 23, 2019 Airline Thomas Cook gave way to its financial pressures this morning, impacting 600,000 passengers around the world. Experts say that many customers will be covered and the government has embarked on the UK’s biggest peacetime repatriation in history, but what should you do if you have a ticket with Thomas Cook? If you are abroad [...]
Manchester airport train station evacuated after ‘suspicious package’ found September 23, 2019 Manchester airport train station has been evacuated after police officers have carried out a controlled explosion after a suspicious package was found. A man was detained by police at the scene. Trams, train and buses have been suspended to and from the airport, Greater Manchester Police said. It said a cordon would remain in place [...]
Watch the last Thomas Cook plane land in Manchester after collapse September 23, 2019 Passengers on a plane from Orlando to Manchester would be forgiven for breathing a sigh of relief this morning as they became the last Thomas Cook customers to touch down before it went bust, leaving a string of cancellations in its wake. The company, which has been facing financial difficulties for months, shut up shop [...]
Tui share price soars as rival Thomas Cook bites the dust September 23, 2019 Tui’s share price bumped up almost 10 per cent today after Thomas Cook fell into liquidation. Travel operator Tui saw shares rise just shy of 10 per cent before trimming gains to stand 7.7 per cent up at 903p in early trading as its rival collapsed under the weight of a £1.7bn debt mountain. Read [...]
Thomas Cook falls into liquidation as rescue talks collapse September 23, 2019 Thomas Cook has collapsed into liquidation after failing to find the £1.1bn required to keep it afloat. Talks collapsed overnight to sink the holiday firm, leaving around 150,000 British holidaymakers stranded abroad. Read more: Thomas Cook teeters on the brink as 11th hour talks look set to fail The government will now charter dozens of [...]
Debate: Should rail firms be rewarded for running trains on time? September 23, 2019 Should rail firms be rewarded for running trains on time? Yes – Matt Gillow is a research associate at the Adam Smith Institute. Transport secretary Grant Shapps isn’t just offering incentives for operators to deliver an agreed service, but repercussions if they fail. If big rail monopolies commit to a service and fail to deliver [...]
