Thomas Cook | Crippling debts & high exec pay: Why did Thomas Cook sink?

September 23 2019 marked a tragic and sad day in the world of business, as travel operator Thomas Cook collapsed after last-minute attempts to save the 178-year-old firm failed.

While many holidaymakers were left stranded abroad, around 22,000 former staff members woke up to the news that they would no longer have a job.