Thomas Cook Share Discussion Threads

[supercity] 23/9/2019 05:06

The only people to blame are those that have run the company for the past few years and those that allowed the high debt level to grow.Not the banks who are set to lose millions.Not the government who refused to give them a free 200m that they knew they would never see again.And certainly not brexit that no doubt the remainders will be blaming by tea time.

[vesna09] 23/9/2019 05:04

The holiday market has changed none of my friends book holidays on the high street.

[jack jebb] 23/9/2019 04:58

158 years in business.

Then Boris became pm.

[deltalo] 23/9/2019 04:51

Liquidation Which is worse that administration as it means the company ceace operating imediatly. It's being discussed now on wake up to money on radio 5 live. Shame to see it go. Shame for the job losses and the shareholders.

[oakville] 23/9/2019 04:32

Another name knocked off my monitor. Very sad.

[ekuuleus] 23/9/2019 04:30

Wrongful Trading and Personal Liability
If the official receiver’s investigation finds that the directors are guilty of wrongful or fraudulent trading and mismanagement of the insolvent company they may face further consequences. This includes:

Being made personally liable for company debts
Disqualification as a director and of all future appointments as a director
A fine

[dgbell7] 23/9/2019 04:24

Their website says they are now in liquidation.

[icac] 23/9/2019 03:53

This is what you get having CEOs getting paid millions for not making the company a single penny profits. Bailout would only fill those BODs more millions while creditors are not confident that things can be turned around.

R.I.P my £25,000

[excellance] 23/9/2019 03:50

the killer was surely websites like "homeaway.com" or "airbnb" that offer excellent value compared to the cheesy package holidays at thomas cook.

[castleford tiger] 23/9/2019 03:27

RBS and 250 not to blame.
There are massive holes here.
900 m would not of touched it.

Warnings been there 12 months for holders.
Sorry for all those jobs let’s hope they quickly find another one.
Capacity out of UK market is huge and the swoop for assets will begin
I feel for my pals in here that have lost investments also.
Tiger

[pal44] 23/9/2019 02:48

RIP . tCG has been good at times sorry that people lose jobs

[hammopj] 23/9/2019 01:59

Shame on you RBS.!

[purplepelmets] 23/9/2019 01:46

Look on the bright side. We will never have to listen to the inane "Don't just book it, Thomas Cook it!!" ever again. Thank the good Lord for small mercies.

[hammopj] 23/9/2019 01:21

Utter shambles.

[sportbilly1976] 23/9/2019 01:11

CAA confirm Thomas Cook collapses....Feel for those with jobs lost this morning

[alphahunter] 22/9/2019 23:37

17 reviews, 7.5/10 as of now.
We'll see

[rbonnier] 22/9/2019 22:23

Hi All

Just a £2k punt on Friday morning looks like its lost thats gambling im afraid has its downside take the hit move on to the next bet.Nothing serious obviously sorry for anyone with large amounts of money invested.

[tomboyb] 22/9/2019 22:22

It is understood that the official administration will take place at about 3am on Monday, when the largest number of the 94-strong fleet of planes are on the ground.


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It is understood that airlines including British Airways and easyJet will be involved in the airlift for holidaymakers using Thomas Cook, whose destinations range from mainland Europe to north Africa, the Middle East, the US and the Caribbean.

[quidzinn] 22/9/2019 22:08

KMPG will rake a few million for picking over the bones ....

Q

[sibeks] 22/9/2019 22:06

Thomas Cook's future hanging in the balance. Not quite done yet. The Independent may have this wrong

[barnes4] 22/9/2019 22:05

Looks like it’s all over just a question of waiting for confirmation

Only hope peeps haven’t lost considerable sums of money gambling on this

[barnes4] 22/9/2019 22:02

Bonnier I hope you haven’t overexposed yourself on a leveraged gamble