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Thomas Cook says Brexit hitting holiday plans


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AFP

Travel firm Thomas Cook has warned of “further headwinds” for the rest of the year after reporting a £1.5bn loss for the first half of the year.

It said there was “now little doubt” that Brexit had caused customers to delay their summer holiday plans.

Some £1.1bn of the loss was caused by the decision to write-down the value of My Travel, the business it merged with in 2007.

The firm also said it had received “multiple” bids for its airline.



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