Thomas Cook today announced a £1.5bn loss for the previous six months and warned that Brexit was hitting family holiday plans and that continuing uncertainty is “putting further pressure” on the company’s profitability.
Commenting, Jo Swinson MP, leading supporter of the People’s Vote campaign, said:
“Now we know the Brexit mess is damaging iconic British businesses and causing millions of people to delay or downsize their holiday, the worry must be that there will be many more such announcements as the Brexit crisis grinds on.
“Yesterday the holiday company TUI said Brexit was hurting their business and today it is Thomas Cook saying the same: it is clear that as long as the current Brexit deadlock continues, the more the damage to people’s lives and the economy will spread.
“Thomas Cook’s statement will bring worry and uncertainty to thousands who work for the company.
“And it reflects the real costs Brexit is already having on people’s livelihoods. One thing we can all be sure of is that nobody voted in 2016 to ruin their holiday plans or put their job at risk three years later.
“We need a way out of the Brexit shambles and a People’s Vote is the only solution. Any stitch-up in Parliament will bring no clarity or stability and will crumble almost as soon as it is agreed. It is only by letting the public have the final say on Brexit that we can close the book on the current crisis.”