Thomas Cook collapses: Why and what happens now?

Thomas Cook, the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. What happens now and why did it collapse? WHO IS AFFECTED? The firm ran hotels, resorts and airlines for 19 million travellers a year in 16 … Continue reading Thomas Cook collapses: Why and what happens now?