Thomas Cook: Insolvency

Department for Business, Energy and Industrial Strategy written question – answered on 5th November 2019.

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Photo of Baroness Doocey Baroness Doocey Chair, Finance Committee (Lords)

To ask Her Majesty's Government what assessment they have made of the impact of Thomas Cook's liquidation on the landlords of Thomas Cook's high street shops.

Photo of Lord Duncan of Springbank Lord Duncan of Springbank Parliamentary Under-Secretary (Northern Ireland Office), Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government welcomes the announcement that Hays Travel Limited has acquired Thomas Cook’s entire UK retail estate of 555 outlets. It is a matter for Hays Travel Limited to negotiate contractual arrangements with landlords for the ongoing occupation of the sites.

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