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Published on Friday, October 18, 2019

Was the Government right not to bail out Thomas Cook?




Most UK travel professionals support the Government's decision not to bail out Thomas Cook, according to the latest Mole Poll.

According to evidence at a hearing earlier this week, Thomas Cook chiefs had been confident that the Government would help keep the business going by providing an extra £200 million demanded by lenders.

But the Government refused, saying it didn't want to set a precedent.


As the debate rages on about whether it should have stepped in, we asked you, TravelMole readers, for your views.

While 41% of you believed the Government should have stumped up the £200 million requested by Thomas Cook's management, the majority of you - 59% - believe MPs made the right decision.




Related news

Government was right not to bail out Thomas Cook, says ABTA chief


Unions warns Thomas Cook cannot be allowed to fail


Union slams Government following Hays Travel purchase of Thomas Cook retail network



 

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Mole Poll
Are the UK Government doing enough to protect the Travel industry?
yes 49.92 %
no 50.08 %

Thank you for your vote


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