British travel firm Thomas Cook collapses, leaving hundreds of thousands stranded
It ran hotels, resorts and airlines for 19 million people a year in 16 countries. Employing 21,000, it currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation. There are more than 150,000 people from the UK abroad on Thomas Cook holidays at the moment, while many thousands more have future holidays booked.