Business

Thomas Cook: ‘Planes are already being impounded’

Thomas Cook has collapsed after last-minute negotiations aimed at saving the holiday firm failed. The UK Civil Aviation Authority (CAA) said the tour operator has “ceased trading with immediate effect”. It has also triggered the biggest ever peacetime repatriation aimed at bringing more than 150,000 British holidaymakers home. The tour operator’s failure puts 22,000 jobs […]

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Thomas Cook collapses as last-ditch rescue talks fail

Image copyright Getty Images Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. The UK Civil Aviation Authority (CAA) said the tour operator has “ceased trading with immediate effect”. It has also triggered the biggest ever peacetime repatriation aimed at bringing more than 150,000 British holidaymakers home. Peter Fankhauser,

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Give Thomas Cook ‘real financial support’, ministers urged

Image copyright AFP Image caption Thomas Cook has hundreds of High Street stores Ministers should be ready to give Thomas Cook “real financial support”, a union representing staff at the struggling travel company has said. The firm could fall into administration in days unless it finds £200m in extra funds needed to secure its future.

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Brazil dam disaster firms to face criminal charges

Media playback is unsupported on your device Media captionThe moment the dam collapsed Brazilian federal police have proposed criminal charges against mining giant Vale and German safety firm Tüv Süd and 13 of their employees over January’s deadly dam collapse, reports say. Police reportedly say both firms used falsified documents that said the Feijão dam

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