Tag Archives: Thomas Cook collapses with 600

LONDON: British travel firm Thomas Cook collapsed on Monday, leaving hundreds of thousands of holidaymakers stranded and sparking the UK´s biggest repatriation since World War II. The 178-year-old debt-plagued group, which had struggled against fierce online competition for some time and blamed Brexit uncertainty for a recent drop in bookings, declared bankruptcy after failing to secure £200 million ($250 million, …

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