Is Thomas Cook struggling, what if I have a holiday or flights booked, and what are my rights if the company goes bust?

THOMAS Cook is reported to be at risk of collapse after its share price tumbled another 40 per cent after losing nearly £1.5billion.AFP or licensors

"As an ATOL-protected business, all of our holidays are protected under the package travel directive, so our customers can have complete confidence in booking their holiday with us. In the unfortunate event of Thomas Cook going bust, here are some helpful tips on what you should do and what your rights are.Before the holiday:

First, contact Thomas Cook's tour operator or agent, your accommodation provider and your flight airline.

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