Qualified advisers answering your
Financial Questions
call 0800 092 1245

Thomas Cook set to take a £20 million swine flu hit

While the popular press has taken swine flu off the front pages, at least for the time being, Thomas Cook has today announced that the company will be forced to take a £20 million hit due to swine flu issues in Mexico. However, with many experts predicting a second phase of swine flu infections towards the end of 2009 the situation for the travel industry could get worse before it gets better.

The UK government is currently one of the first in the queue to receive the latest swine flu vaccinations although there are concerns that the vaccine has been fast tracked with some citing potential safety issues. However, surely there is no way that the UK government would vaccinate the majority of the population with a vaccine which is unproven or potentially dangerous.

It is worth remembering that swine flu could have a further significant impact upon the UK economy, and in fact the worldwide economy, although hopefully the situation is more under control now than it ever has been. Airlines, holiday companies and other leisure operations have been hit very hard by the swine flu outbreak which has seen many regular travellers around the world stay at home because of the potential dangers lurking overseas.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details