Editorial: That the oldest holiday company in the world has gone bust is a cause for anger as well as regret – and a grim portent of what lies ahead
The collapse of Thomas Cook, the world’s oldest holiday company, is most obviously a disaster for its 21,000 European employees – 9,000 of whom work in the UK. It may also prove fatal for some of the hotels and other businesses that relied on it for customers. And while having a holiday ruined is not as bad as losing a job, the inconvenience faced by 150,000 British tourists who are now overseas should be treated seriously.
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