And his blue and White Alliance a majority. But it will strengthen his hand in negotiations. One of the worlds oldest travel firm, the uks thomas cook, has been holding emergency talks with creditors and shareholders, hoping to raise the 250 million it needs to avoid collapse. Ministers say plans to fly holidaymakers back to the uk if necessary are in place, but have dampened hopes of a government rescue bid. Our transport correspondent tom burridge reports. People have been starting holidays today in places like majorca, while their travel agent, britains oldest, battles to stay afloat. Time is running out for thomas cook. Unless a rescue deal is done by tonight, the firm will fold. Weve just flown in from bristol. Were rather concerned, obviously, with regards to whats going to happen, whether well be able to fly home or not. I really couldnt care less. If i get stuck here, i get stuck here, dont i . They cant get in either. Last night, tourists on holiday with thomas cook were tempo
The emmys americas Television Awards get underway soon with expectations high for the final series of game of thrones. Live from our studios in singapore and london, this is bbc world news. Its newsday. Good morning. Its 8 00am in singapore and in beijing, where theyre facing increasing pressure to reduce Carbon Emissions. Later on monday Global Leaders will gather at the United Nations in new york for a special summit on Climate Change. Whilst china has been investing heavily in sources of Renewable Energy, like wind and solar, coal still remains the largest power source. With the un pushing for a commitment to end coal power by 2030, John Sudworth examines whether china can deliver. On average, china has built a solar farm as big as this one every day for the past three years. A rush to renewables personified by cai xiaohu. He used to work in a coal mine. Translation our solar farm can save 50,000 or 60,000 tons of coal each year. I am proud doing thisjob and working in this industry
Hello, and welcome. In the last hour, the uks oldest travel firm, thomas cook, has announced it ceased trading after talks with creditors and shareholders to raise the 250 million to avoid collapse failed. Ministers say plans to fly holidaymakers back to the uk are in place. It was one of the Worlds Largest travel firms and employed 22,000 staff, 9,000 of whom are in the uk, and serves 19 million customers a year in 16 Different Countries. Simon calder is the travel editorfor the independent and he joins us from Manchester Airport in the north of england. It meant that nobody will be flying out of here in the morning. Flights we re out of here in the morning. Flights were due to start in three hours time heading off from here to greece and that is not going to happen. Thomas cook has stopped trading and this is it really the mightiest brand in travel. It has been going for 178 years. The numbers are awful. 21,000 people im afraid i going to be looking for newjobs. There is around 1 Mil
The uks oldest travel firm, thomas cook, has announced it ceased trading after talks with creditors and shareholders to raise the 250 million to avoid collapse failed. Ministers say plans to fly holidaymakers back to the uk are in place. It was one of the Worlds Largest travel firms and employed 22,000 staff, 9,000 of whom are in the uk, and serves 19 million customers a year in 16 Different Countries. Simon calder is the travel editorfor the independent and he joins us from Manchester Airport in the north of england. The Tour Operator had been thriving for many decades and staff here are simply stunned by what is happening. The flights are still coming in. Aircraft arriving from cyprus, turkey, some en route across the north atlantic but when they land, they will find that the staff very sadly have lost theirjobs. The passengers will be the last people to enjoy the service and this is being repeated at airports across britain and germany as well as scandinavia. Last flights arriving a
Are here. This has been a great morning. You heard from the boss here and hes all in and this is a joint venture. We have a great panel here so i want to keep moving. What i heard the president say was a lot of focus on what i call the two ps, promoting access in the retirement space and the president has been taking action on that. He directed us to take more action to help facilitate that. The Treasury Department has already taken action on that and the my ra space is dana grady here by the way . Oh, youre way in the back. She is a Small Business owner who encouraged her employees to participate to help strengthen their retirement securities so she has a lot of participants. Thank you for being a great spokesperson for this. I appreciate your help and im glad that its working. Were going to talk more about Financial Security today and we have a fantastic panel of folks that are going to be talking and giving their views. We have a number of questions and i got a few questions on twit