Travel question: Will my Thomas Cook wedding get off the ground?

Have a question? Ask our expert Simon Calder

People’s holiday plans have hit the skids due to the company’s financial problems (Reuters)

Q We have organised our wedding around a Thomas Cook holiday, with friends and family joining us. We are very concerned with what we are hearing about the financial state of this company. Surely we should have the chance to cancel without penalty so we can book with someone else to avoid all this uncertainty?

Name supplied

A Yours is one of many questions I have received from worried customers of Thomas Cook. The firm has been going through a very difficult time financially. It is heavily in debt and its share price is currently less than a 10th of the level a year ago. Shares lost value significantly at the end of last week after Thomas Cook announced more bad news on Thursday: summer bookings had not picked up as the firm had hoped, due to continuing Brexit uncertainty.