Thomas Cook may get £100m backing from banks

Potless package tour operator Thomas Cook is reportedly close to getting another dollop of cash to tide it over the bleak mid-winter period.

Potless package tour operator Thomas Cook is reportedly close to getting another dollop of cash to tide it over the bleak mid-winter period.

According to the London Evening Standard, the troubled FTSE 250 firm will survive though the Christmas period thanks to the support of its banks, which are set to make up to £100m available to the firm in the coming days to keep it afloat and alleviate its cash-flow problems.

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