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Government needs to insist bailed-out banks don't pull the plug on Thomas Cook

Submitted on Friday 20th September 2019

Rejected on Thursday 26th September 2019

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Government needs to insist bailed-out banks don't pull the plug on Thomas Cook

Petition Details

Save 9,000 UK jobs.
TCX looked to have secured the future of the company. At last minute banks inc RBS/Lloyds, demanded an additional £200 million. RBS/Lloyds were bailed out to the tune of £65 billion.
RBS is majority owned by the state. Government needs to tell these banks to support Thomas Cook


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Thomas Cook entered into insolvency proceedings and ceased trading on Monday 23 September.

The Government has published advice for customers and employees. You can find out more here:

www.gov.uk/government/news/are-you-a-customer-or-employee-affected-by-thomas-cook

The Secretary of State for Transport made an oral statement in the House of Commons on 26 September. You can read the statement here:

www.gov.uk/government/speeches/thomas-cook-update

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