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Britain repatriates several stranded following Thomas Cook

Britain has repatriated ten per cent of  nationals who were stranded at tourist destinations, including Jamaica, after the collapse of  travel firm Thomas Cook.
 
Britain's Civil Aviation Authority regulator, which is managing the UK's biggest repatriation since World War Two after Thomas Cook's dramatic bankruptcy,  in a statement  said on  Monday it flew back 14,700 of  the 150,000 stranded Britons.
 
Over 300 of  the affected travellers in Jamaica were flown home on Monday evening.
 
The CAA said it hoped to bring back another 16500 people yesterday. 
 
The dramatic collapse of  Thomas Cook left 600,000 customers of  all nationalities stranded in popular tourist destinations around the globe.
  
 
And Britain's accountancy regulator is considering urgently whether to investigate the collapse of  Thomas Cook and impose punishments if deemed necessary.
 
The Financial Reporting Council has the authority to investigate and sanction auditors of  companies and individuals who are members of  the accounting profession. 
 
The regulator announced it was considering an investigation after the government fast-tracked the Insolvency Service's investigation into the collapse of  the 178-year-old travel firm.
 
Thomas Cook's auditor is EY, which took over from PwC in 2017. 
 
Both are among the UK's so-called big four accountancy firms.
 
Thomas Cook has had a series of  finance chiefs over the past two years as its problems deepened. 
 
It has also faced questions about its accounting methods.


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