You are:

News

Return to news listings

'Christmas Comes Early' For Firm Buying Thomas Cook Brand - Cortes

1 November 2019

TSSA General Secretary, Manuel Cortes, has welcomed news that the Thomas Cook name will be saved after a buyout by the Chinese firm, Fosun.

Commenting, Cortes said: “I’m delighted that It looks like the iconic Thomas Cook brand has been saved.

“However, let’s not overlook the fact the entire business could still have been a going concern if it hadn't been allowed go to the wall by the ineptitude of the Tory government and its Business Secretary, Andrea Leadsom.

“Frankly, Fosun must think that Christmas has come early. They are now the proprietors of a longstanding and much-loved high street brand name that they have got for a paltry £11 million.

“Remember this comes after they were prepared to plough in £450 million to keep the Company afloat – only for the Tories’ dead hand to consciously kill that bid.”

Return to news listings

Join TSSA

 

 

Directory