Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed.
https://www.bbc.co.uk/news/business-49791249
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The UK Civil Aviation Authority (CAA) said the tour operator has "ceased trading with immediate effect".
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It has also triggered the biggest ever peacetime repatriation, aimed at bringing more than 150,000 British holidaymakers home.
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Sadly its demise was inevitable as fashions change.