In a move that could save up to 2,500 jobs, Hays Travel announced on Wednesday that it is to acquire 555 Thomas Cook stores from the Official Receiver. The acquisition, for an undisclosed sum, is a significant step for Hays, which has 190 shops, 1,900 staff, and last year had sales of £379m, reporting profits of £10m.
United Kingdom legal costs for package holiday sickness cases will be fixed under new rules aimed at deterring false claims. Similar controls are in place for other personal injury claims, but they will now be extended to cases when holidaymakers seek compensation. The travel industry says claims have mushroomed in recent years despite illness in resorts declining.