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It’s been a actual boxy time for Thomas Cook staff. Sadly bags of people, both in the UK and beyond, are now adverse unemployment – a actual difficult situation.



When Thomas Cook went bust, its retail shops bankrupt with actual aftereffect and abounding of the firm’s 21,000 advisers were fabricated redundant.

In some acceptable news, on Wednesday 9 October, Hays Travel – the country’s better absolute biking agent – appear it was to buy all 555 UK Thomas Cook stores, alms assignment to hundreds of bodies who absent their jobs.



For accepted help – admitting anniversary bearings is different – see our Redundancy Help guide. And if you’ve absent your job and are activity to attempt to accomplish payments in the advancing canicule or weeks, allege to your bank, creditors and/or account providers now and explain the situation. They may be able to action you some flexibility.



If you were a Thomas Cook agent and accept been advantageous into a authentic addition alimony arrangement – area your final alimony is based on how abundant you’ve paid into your alimony pot – the money will be captivated by a third-party provider, not Thomas Cook itself. That agency any money you’ve already paid into your alimony is safe, although of advance Thomas Cook will no best accord to your pot. This applies to about 4,000 people.

If you’ve been advantageous into one of Thomas Cook’s four authentic account alimony schemes – additionally accepted as a ‘final salary’ alimony scheme, area your alimony is based on your bacon and how continued you’ve formed for your employer – your alimony will be adequate by the Alimony Protection Fund (PPF), but you may see the bulk you get cut, potentially significantly. (Some 13,500 accepted and above Thomas Cook staff, of whom 3,000 are now retired, are in this situation.)

The PPF says it will appraise these authentic account schemes over the abutting 12-24 months. It’s now set up a committed website to accumulate those with a authentic account Thomas Cook alimony up to date.

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