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Was the Government right not to bail out Thomas Cook?
Most UK travel professionals support the Government’s decision not to bail out Thomas Cook, according to the latest Mole Poll.
According to evidence at a hearing earlier this week, Thomas Cook chiefs had been confident that the Government would help keep the business going by providing an extra £200 million demanded by lenders.
But the Government refused, saying it didn’t want to set a precedent.
As the debate rages on about whether it should have stepped in, we asked you, TravelMole readers, for your views.
While 41% of you believed the Government should have stumped up the £200 million requested by Thomas Cook’s management, the majority of you – 59% – believe MPs made the right decision.
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Unions warns Thomas Cook cannot be allowed to fail
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Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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