Thomas Cook gets £200m credit lifeline

THE boss of Thomas Cook sought to alleviate fears over the future of the struggling holiday giant yesterday, hours after it secured a £200 million lifeline from creditors.

The firm’s chief executive, Sam Weihagen, told customers that the company, which is more than 170 years old, remains a “safe pair of hands”, and predicted it would exist for another 170 years after the firm received financial help.

 

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