Thomas Cook collapse: passengers return home as ‘fat cat’ pay row rages – business live

Failure of world’s oldest travel company leaves bosses facing tough questions over their pay and performance

11.26am BST

Here’s the latest on Thomas Cook, from Associated Press:

The British government has flown home the first 14,500 people stranded by the collapse of tour operator Thomas Cook, and is expected to ramp up the repatriation effort to get all the 150,000 U.K.-based customers home in two weeks.

The Civil Aviation Authority said Tuesday the first batch of people were flown back after Thomas Cook ceased all operations Monday, leaving hundreds of thousands stranded around the world.

11.23am BST

Despite yesterday’s collapse, Thomas Cook workers have been turning up to work today.

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