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Insist Government commits to guarantee the £ 200M requested by Thomas Cook.

Submitted on Saturday 21st September 2019

Rejected on Thursday 26th September 2019

Current status: Rejected

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

Petition Action

Insist Government commits to guarantee the £ 200M requested by Thomas Cook.

Petition Details

Thomas Cook has already secured the originally required £ 900M bailout package with it's creditors.

Additional Information

But now banks that were bailed out by the U.K. are requiring that Thomas Cook secure an additional
£ 200M otherwise they will force the company into administration.
Our Government bailed out these very banks without consulting the British people, but now claims it cannot help individual businesses.
Please help by demanding the Government help.


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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

You could start a new petition explaining clearly what you'd like the Government or Parliament to do.

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