Thomas Cook in trouble

[FiveTimes]

That's a 15 minute delay. Go and register and use the Monitor. Then it's realtime in all it's flashing colours.

Makes you feel like a trader.

SELL, SELL, BUY, BUY, YOU WORTHLESS PEASANTS. RARRRRRRRR!

If I could give you some +ve rep I would but I need to spread it around

[russell]

KUATB

Hello?

[MarillionFan]

Hello?

Can anyone hear anything????

I think we might have mice.

[PAH]

Plans to close 200 shops.

Inevitable really.

Shopping online where you can build your own holiday is bound to be more attractive than going into a shop of limited choice with sales people who aren't going to be impartial.

I quite enjoy the challenge of sourcing a decent villa*, flights, and airport transfers. The hardest part is getting everyone in the group (usually 3 or 4 couples) to agree on a destination and date.

* Now our preferred choice of holiday, can work out cheaper than a package deal or hotel if there's 6 or more in the group. Plus you get better facilities, more space, private pool in own grounds, flexible self-catering with BBQ, and sometimes other goodies like pool table and table footy. For less per head than a Thomas Cook holiday.

[AlfredJPruffock]

Well its not only Thom,as Cook that is in trouble - take a look at the US


US tax revenue. $2,170,000,000,000
Fed Budget. $3,820,000,000,000
New Debt. $1,650,000,000,000
National Debt. $14,271,000,000,000
Budget Cuts. $38,500,000,000

Now let us remove 8 zeros and pretend this is a family Budget!

Annual family income. $21,700
Money the family spent. $38,210
New debt on the credit card. $16,500
Outstanding balence on the credit card. $147,710
Total budget cuts. $385

[original PM]

I was thinking at 10p they could be worth a shot, but it would be a pure gamble.

Didn't TC merge with coop travel ?

It was more of a purchase than a merger - and no from what I know it was not a good buy at all.

Oh and also head of coop group got a non exec board position Link

hmmmmmm

[Support Monkey]

booked my holiday for next year via TC, oh well if it all goes t**sup its skegness for us

[FiveTimes]

booked my holiday for next year via TC, oh well if it all goes t**sup its east coast riviera for us

ftfy

[PAH]

Now let us remove 8 zeros and pretend this is a family Budget!

Pretty accurate. Personal debt must still be pretty bad, though it's not talked about much with all the focus on country debt at the moment.

I know people who have spent loads via credit and have so far only avoided bankruptcy due to rising house prices allowing them to withdraw equity along the way (thus increasing their debt but delaying how soon they need to pay it all back), and by good fortune of staying in employment.

Doesn't take much for that party to turn sour, and all for the sake of having new cars every year or two, and keeping up with the joneses with fancy holidays and all the latest tat.

[TimberWolf]

14p now.