Thomas Cook was on the brink of collapse last night, plunging the holiday plans of hundreds of thousands of customers into turmoil. Despite battling to secure a rescue deal, the 178-year-old travel firm could go bust as early as Sunday, according to insiders at the company which is facing a £200million black hole. That would leave 180,000 customers stranded abroad – and dash the plans of hundreds of thousands of families who have booked Thomas Cook flights or holidays. The demise of one of the world's oldest travel companies would also lead to huge job losses and leave the taxpayer facing a hefty bill to bring stranded customers home.
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