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World’s oldest travel firm Thomas Cook collapses leaving thousands of holidayers stranded

Thomas Cook collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. The UK Civil Aviation Authority (CAA) said Thomas Cook had “ceased trading with immediate effect”. It currently has 600,000 people abroad, triggering governments and insurance companies to coordinate a huge rescue operation. The major chunk here, about 150,000 of them are […]