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16 May 2019

Thomas Cook suffers £1.5bn half-year loss

Travel company Thomas Cook says Brexit uncertainty has made thousands of passengers delay their summer holiday plans.

Add to that a weaker economy in Europe, signs among Scandinavian travellers that they’re unwilling to fly for environmental reasons and Britain feeling more like the Med last summer.

It’s all added up to a loss of almost one point £5bn pounds for Thomas Cook.

So is the holiday market changing, with more people opting to stay in the UK rather than go abroad?