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after knife-edge talks over the weekend with lenders, shareholders and the UK government failed to forge a rescue package. The 178-year-old travel company’s collapse leaves 21,000 jobs at risk and 150,000 UK holidaymakers stranded abroad, as the government’s Civil Aviation Authority prepares the biggest emergency repatriation in peacetime. A further 350,000 foreign nationals are also abroad on the tour operator’s holidays. Read More...

after knife-edge talks over the weekend with lenders, shareholders and the UK government failed to forge a rescue package. The 178-year-old travel company’s collapse leaves 21,000 jobs at risk and 150,000 UK holidaymakers stranded abroad, as the government’s Civil Aviation Authority prepares the biggest emergency repatriation in peacetime. A further 350,000 foreign nationals are also abroad on the tour operator’s holidays.

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