Leading UK holiday company Thomas Cook has now entered compulsory liquidation

The 178-year-old holiday company, Thomas Cook (TC), has collapsed after last minute negotiations aimed to try and save TC have failed.

TC had 22,000 direct employees’, 9,000 of these being in the UK. The UK Civil Aviation Authority has said the company has ‘ceased trading with immediate effect’. The company has now entered compulsory liquidation.

It has been reported that 16,000 holiday makers had flights booked to come home to the UK on Monday 22 September 2019. Authorities hope to get at least 14,000 of them home on chartered flights.

Those scheduled to return to the UK within the next 48 hours or those who are having problems with their accommodation are to ring 0300 303 2800.

The impact of TC’s demise will be widespread. Anyone with clients in the TC supply chain affected by the collapse should contact us for a free initial consultation.

Please telephone Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals at our Driffield, Scunthorpe or York offices.

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