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Last Updated: Wednesday, 27 June 2007, 06:48 GMT 07:48 UK
Thomas Cook sees 'challenging' UK
Thomas Cook sign
Thomas Cook, the travel company that is planning to cut 2,800 jobs, has said the UK market remains "challenging".

The comments came as the firm said its half-year loss narrowed to 293m euros (�197m) in the six months to 20 April, from 318.4m euros a year earlier.

On Tuesday, Thomas Cook said it would close 150 branches and six offices, in a move that may hit 15% of its staff.

The firm is restructuring its business after a recently completed �2.8bn merger with rival MyTravel.




SEE ALSO
Thomas Cook to close 150 branches
26 Jun 07 |  Business
MyTravel and Thomas Cook merging
12 Feb 07 |  Business
MyTravel makes return to profit
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MyTravel 'in First Choice talks'
26 Nov 06 |  Business
Weak spending hits Karstadtquelle
09 Aug 06 |  Business
MyTravel recovery as losses cut
15 Jun 06 |  Business

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