The world’s oldest travel group Thomas Cook has announced it will close almost 200 stores with the loss of 2,500 UK jobs as it struggles to return to profitability. The group said most of the job losses will come from its retail network and back-office... Read More
A disastrous year for Thomas Cook has been brought to light as the travel company announced that losses increased to £485 million in a period in which the company nearly collapsed and its chief executive resigned. The company suffered from lower... Read More
Those readers with a good memory can cast their minds back to April of this year and remember the unseasonably good weather most of Britain experienced for several weeks.... Read More
Thomas Cook have announced that their Bradford administration centre is set to close, costing hundreds of workers their jobs.... Read More
Thomas Cook have announced that the company plans to sell off and leaseback 17 of its fleet of 90 aircraft in a bid to raise vital funds to reduces its debts.... Read More
Thomas Cook has had a tough time in the recent months, with struggling sales and the announcement of plans to close 200 commercial properties over the next two years. But recent news implies things haven’t got any better for the tour operator.... Read More
More than 40 commercial property travel agencies crashed in 2011 thanks to the economic downturn and disasters worldwide.... Read More
Thomas Cook had previously announced earlier this year, its plans to close 75 UK commercial properties after slow sales, which caused shares to plummet. The firm, however, has since revised this figure to 200 stores, and plans to close them over a two year... Read More
