Tuesday, 24 September 2019 6:27 pmBetaville doesn't get any enjoyment from seeing a company go bust, people lose their jobs and holidaymakers enduring mayhem.
Friday, 20 September 2019 9:17 amBetaville doesn't enjoy seeing any company collapse into administration but I note the fact that the Daily Mail and others are now reporting that Thomas Cook is on the verge of going under.
Thursday, 12 September 2019 10:17 pmSeveral weeks ago Betaville copped an earful from a person close to Thomas Cook on a rare Sunday off for a piece I wrote in the Mail on Sunday's business section about the tour operator's restructuring.
Monday, 15 July 2019 8:49 amJohn McDonnell, the shadow chancellor, appreared to definitively rule out any potential re-nationalisation of BT Group in yesterday's The Sunday Times following reports from Yahoo Finance a couple of weeks ago that Labour was looking at the possibility of taking the telecoms giant back into public ownership.
Friday, 12 July 2019 6:56 amNo wonder credit default swaps on Thomas Cook's bonds (effectively the cost of bond insurance) were blowing out earlier this week.
Tuesday, 09 July 2019 2:14 pmThomas Cook's debt is coming back into focus as a few punters have noticed credit default swaps for some of the company's bonds are blowing out a tad.
Monday, 17 June 2019 7:34 amLast week there was a report on Bloomberg that some of the lenders to Thomas Cook had begun offloading the company’s debt amid fears about the company’s financial position.
Thursday, 07 February 2019 11:07 amHat tip to friend and occasional colleague John "The Ridge" Collingridge, deputy City editor of The Sunday Times, who revealed last summer that Thomas Cook was once again weighing a sale of its airline.
Friday, 05 August 2016 2:56 pmThe final interview was with Harriet Green, the controversial former boss of Thomas Cook. She has many admirers in the City for being a highly motivated self starter who led the turnaround of the FTSE 250 travel company when it ran into financial difficulty. Green now heads up IBM's 'internet of things' division in the US.