Northern Ireland jobs 'could be saved' in Thomas Cook store purchase

Thomas Cook travel news updates latest

Thomas Cook travel news updates latest

David Chapman, official receiver, said: "I am pleased to announce we have reached an agreement with Hays Travel to acquire Thomas Cook's entire United Kingdom retail estate, comprising 555 stores across the country".

Thomas Cook collapsed on September 23, leaving around 150,000 passengers stranded overseas.

Hays has agreed to buy the entire high street portfolio of the broken travel firm from accountants managing the collapse, potentially saving the jobs of as many as 2,500 suited holiday bookers.

There were 9,000 staff in the United Kingdom who lost out when the company collapsed last month - prompting the country's biggest peacetime repatriation exercise to recover more than 150,000 holidaymakers stranded overseas.

"This is an extremely positive outcome, and we are delighted to have secured this agreement", said Jim Tucker, a partner at KPMG and joint special manager of Thomas Cook's retail division.

Hays Travel said it was proposing to reopen the Thomas Cook stores with "immediate effect where possible and to take on up to 2,500 people".

Mr Tucker said the administrators would work with Hays to "ensure a smooth transition of the store estate".

Electric XC40 will debut Volvo's next-gen infotainment
This ensures that the system keeps evolving and improving over time, instead of being the newest when it first left the facility. Users will be able to access certain functions of the auto by using their voice, thanks to the integration of Google Assistant.

Hays has 1,900 staff and past year generated sales of £1bn.

Since then a number of airlines have announced vacancies for former Thomas Cook workers.

The agreement will also provide re-employment opportunities for a significant number of former employees and is a huge leap for Hays which now has 190 shops across the country.

Manuel Cortes, TSSA's general secretary, said it offered "real hope of reemployment to former Thomas Cook retail staff, many of whom are our members". "We are looking forward to welcoming many more people who share our passion for the travel industry, into our family business".

It is not yet known if Thomas Cook stores in Plymouth, other parts of Devon and Cornwall will form part of the deal.

"We will now move swiftly to gather more details about the deal and are seeking an urgent meeting with Hays about the part our union can play in supporting what will be a significant expansion for them across our high streets".

Recommended News

  • U.S.  counter-terrorism analyst charged with leaking classified materials

    U.S. counter-terrorism analyst charged with leaking classified materials

    When Macias tweeted a link to her story, Frese later re-tweeted the article, according to the court documents. Frese is the sixth individual to be charged with leaking to reporters or the public in the last two years.
    Adam Silver: NBA to Protect 'Employees' Freedom of Speech'

    Adam Silver: NBA to Protect 'Employees' Freedom of Speech'

    His rejects the censors' claims, boldly proclaiming that he cannot sell his soul to make money in the Chinese film market. The statement comes after The Hollywood Reporter reported that " South Park " had been banned from China's internet.

    Essential Project Gem phone is taller and thinner than usual - Mobile Phones

    Essential's first product, the Essential Phone, was released in 2017 for $699 , and which featured a powerful camera. These photos came from Rubin's personal Twitter account, and not Essential Product's corporate account.
  • UK’s Johnson asks Trump for diplomatic help in fatal crash

    UK’s Johnson asks Trump for diplomatic help in fatal crash

    She left the country after claiming diplomatic immunity; criminal defense attorney Jonna Spilbor weighs in. An American woman is a suspect in the case of a fatal auto crash in the U.K.
    Cody Simpson Serenades Miley Cyrus in Hospital With New Song

    Cody Simpson Serenades Miley Cyrus in Hospital With New Song

    One source told ET how she and Simpson have "no plans to start dating each other exclusively", and yet, here we are. Fans were quick to reach on her depleting health and sent some positive vibes by sharing "get well soon" messages.
    Fatal shooting at German synagogue

    Fatal shooting at German synagogue

    Wednesday's attack followed attacks in the United States over the past year on synagogues in Pittsburgh and Poway, California. Regional public broadcaster MDR broadcast images of a man in combat clothing firing shots along a street from behind a auto .
  • Apple Has to Pay Taxes in Every Country it Operates in

    Apple Has to Pay Taxes in Every Country it Operates in

    The hope is that the 134 countries that originally pushed for reform can reach an agreement in 2020. To meet that, the OECD said there'll need to be agreement on its unified approach by January.
    Social media users speak about mental health after Every Mind Matters launch

    Social media users speak about mental health after Every Mind Matters launch

    It is increasingly recognised that taking care of our mental health is as important as maintaining good physical health. This new resource is available for the public and for Global Positioning System to advise their patients to use.
    US declares disaster as super typhoon passes north of Saipan

    US declares disaster as super typhoon passes north of Saipan

    They say the location of Super Typhoon Hagibis could change and will need to be watched closely in the coming days. NEW: Here's a fresh #Himawari8 infrared animation of #SuperTyphoonHagibis , north #Guam today.
  • Ian ‘H’ Watkins ‘blown away’ by support after same-sex skate news

    Ian ‘H’ Watkins ‘blown away’ by support after same-sex skate news

    Coronation Street's Lisa George , Paralympic sprinter Libby Clegg and Diversity dancer Perri Kiely will also compete on the ice. They added: "Bosses at Dancing On Ice are fully supportive of a same-sex partnership, so this year H will be paired with Matt".

    Atari VCS console architect resigns, citing no pay in six months

    You can see images of a "pre-production board" over on a Medium post that Atari published shortly after The Register's report. Atari said the Atari VCS would run a custom AMD processor on Linux and support 4K resolution, HDR and 60fps.
    Police arrest 10 people in Vancouver who joined Extinction Rebellion protest

    Police arrest 10 people in Vancouver who joined Extinction Rebellion protest

    Dutch police later said they had detained about 90 demonstrators who were blocking a busy Amsterdam street near the Rijksmuseum. Protesters with Extinction Rebellion are also mounting a two-week campaign targeting downtown London , England.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.