Thomas Cook to collapse, stranding 150,000 UK holidaymakers

About 9,000 British jobs at risk after last-minute rescue talks fail to keep firm afloat

Thomas Cook was heading into insolvency on Sunday night as the world’s oldest holiday company faced a collapse that will strand 150,000 UK holidaymakers overseas and put 9,000 British jobs at risk.

Flights were pulled from booking websites at around 10pm after all-day talks failed to produce a £200m lifeline to keep the firm afloat.

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