BBCNEWS Business Briefing July 14, 2024
Lets talk in more detail about one of the world s largest and oldest travel companies, thomas cook colla pses. After last minute talks aimed at saving the firm failed. Its triggered the uks biggest ever peacetime repatriation effort. Thomas cook started up back in 1841, offering day trips. Last year it had a turnover of more than 11 billion. In total, the Tour Operator has 600,000 customers on holiday at the moment between 150,000 and 160,000 are british. The firms chief executive, peter fankhauser, has apologised, saying the collapse is a matter of profound regret and a deeply sad day he says...