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Thomas Cook liquidator pays out £18m redundancy – union

Operators
James Chapple
3 October 2019

The union representing Thomas Cook retail staff says the liquidator for the failed operator has paid out more than £18 million in “interim” redundancy payments.

Margins 'weak' due to heavy discounting

General secretary of the TSSA union Manuel Cortes said he pressed ministers and representatives for the liquidator at a meeting of the government’s Thomas Cook “taskforce” in Manchester on Wednesday (2 October).


The taskforce comprises a handful of government departments, as well as those managing Cook’s affairs after the 178-year-old operator collapsed last Monday (23 September).