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Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. Transport Secretary Grant Shapps comments on the government's refusal to provide the 拢250 million bailout requested to save the company. Chair of the Civil Aviation Authority Dame Deidre Hutton and former head of Monarch Airlines Tim Jeans comment on what will happen to Thomas Cook customers and employees. We also hear from travellers who have been affected.

(Image:Thomas Cook plane, credit: Getty)