Travel company Thomas Cook ceases trading with immediate effect

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Thomas Cook’s administration puts 22,000 jobs at risk worldwide, including 9,000 in the UK. Boss Peter Fankhauser said the collapse was a “matter of profound regret”. Thomas Cook, whose roots go back to 1841, went bust after last-ditch talks to raise fresh funding failed///CRIMSON TAZVINZWA//

  • Huge inconvenience for over 150,000 customers currently stranded on holiday abroad
  • More than 9,000 jobs in UK and 22, 000 worldwide at risk
  • Blow for travel agency whose roots stretch back as far back as 1841
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