Thomas Cook set for last-ditch rescue talks

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Thomas Cook set for last-ditch rescue talks
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The tour operator will hold a crisis meeting with key players on Sunday in a bid to avoid insolvency.

Chloe Hardy from Leicestershire is due to get married in Zante in October and booked the wedding package with Thomas Cook back in June 2018.

"We've had constant questions from our family that we are unable to answer," she added."This is causing great concern, worry and stress to all of us involved."Thomas Cook's financial difficulties have mounted over the past year, culminating with the agreement in August of a rescue deal led by its biggest shareholder Fosun.

The group of lenders then commissioned an independent investigation. Its financial advisers said Thomas Cook would require an additional £200m on top of the £900m already required, which would bring the total refinancing needed up to £1.1bn. The firm has blamed a series of problems for its profit warnings, including political unrest in holiday destinations such as Turkey, last summer's prolonged heatwave and customers delaying booking holidays because of Brexit.If you are on a package holiday you are covered by the Air Travel Organiser's Licence scheme .

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