11 October 2010

Thomas Cook to merge with Co-op Travel

Holiday giant Thomas Cook and the Co-op have announced plans to merge their high street travel and foreign exchange businesses. In a move creating the UK's largest travel agent, the newly formed company will have more than 1,200 shops across the country. The tie-up is likely to result in job losses as the companies said the merger would generate savings of around £35 million a year, including from the combination of headquarters and back-office functions... read more

The Appointment
Oct 10

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