Thomas Cook owes its name to a humble and deeply religious year-old cabinet-maker who, one June morning in , hiked the 15 miles from his home in Market Harborough to Leicester, to attend a temperance meeting. We are committed investors, with a proven track record of turning around iconic brands including ClubMed and Wolverhampton Wanderers FC. The effect of lower income and higher costs has rendered interest payments on its debt unsustainable. Since then, it has changed hands and changed shape via a series of mergers and takeovers. Over the next few years, Cook laid on ever more trains, introducing thousands of Britons to train travel for the first time. The chief executive, Peter Fankhauser, said customers who had booked with Thomas Cook had no reason to fear any impact on flights or holiday bookings.
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