You might have heard about the collapse of Thomas Cook Group plc., mightn’t you? The company is sorry for what’s happened. Why did this happen? What did the company say? Who can help you with the most reliable and cheapest merchant account providers UK? No worries. This article is about all this.
Thomas Cook’s Collapse & Merchant Account Providers UK
Thomas Cook established the company in Market Harborough in 1841. Nearly 178 years later, the firm turned into a huge travel group worldwide. It had £9bn in annual sales, 19 million customers on a yearly basis, and 22.000 employees in 16 countries. Thomas Cook had 9.000 employees in the UK.
According to aviation analyst John Strickland, the problems of this travel giant aren’t something new. The company collapsed after failing to service its debts and after receiving no rescue plan from to survive a situation when customer habits were constantly … Read More