Thomas Cook's collapse affects other businessespublished at 12:09 British Summer Time 23 September 2019
The collapse of Thomas Cook has left 150,000 British holidaymakers abroad and the Civil Aviation Authority has triggered the biggest ever peacetime repatriation.
It also puts 22,000 jobs at risk - 9,000 of them in the UK. There are also 13,000 members of Thomas Cook’s pension schemes
But the firm's demise will also affect other businesses. The tour operator's airline was the fifth biggest carrier at Birmingham Airport.
Wolves owner Fosun has also been feeling the heat. The Chinese firm was Thomas Cook's biggest shareholder and was primed to put £450m into a potential rescue package.
The tourism arm of the firm has seen its shares slide nearly 5% this morning.