FTSE LIVE: Thomas Cook slumps to £1.5bn loss as firms bid for its airline arm; Shares slip into the red again; Pound edges lower against the dollar and euro
- Holiday group warned Brexit was forcing Britons to delay holiday plans
- Challenging trading looks set to affect Thomas Cook’s full year earnings
Holiday and travel group Thomas Cook slumped to a £1.5billion loss in the six months to 31 March.
The group now expects underlying earnings to fall over the second half, which will put its full-year results under further pressure.
In currency markets, the pound is down 0.09 per cent against the euro to €1.1456 and edging down 0.02 per cent against the dollar to $1.2842.