THOMAS COOK COLLAPSE LEFT £585M OF HOLIDAYS CANCELLED
Many Thomas Cook customers have taken to social media to express their frustrations
Holidaymakers lost trips costing more than half a billion pounds when Thomas Cook collapsed, new figures show.
The Insolvency Service said £585 million was owed to customers for package holidays, flights and other services after the firm went bust in September.
Trade creditors such as hoteliers, airports and aircraft catering suppliers were owed £885 million.
Total liabilities for Thomas Cook Group were around £9 billion, with the majority owed to other companies within the group, including some which have ceased operations.
The Insolvency Service said it is not known how much of the money will be paid back as a result of the liquidation.
Published: by Radio NewsHub