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Read the latest news on companies that have gone into administration, liquidation or CVA in retailing, manufacturing, services, and other industries plus oth. Mr Hays, founder of Hays Travel which grew to become the UK's largest . Niall Quinn has led the tributes to businessman and former Sunderland vice-chairman John Hays, who died today aged 71. Thomas Cook is being resurrected as an online-only travel business, exactly a year after the 178-year-old company ceased trading, stranding 150,000 holidaymakers abroad. A much-loved travel firm who saved thousands of jobs after the collapse of Thomas Cook has gone above and beyond once more to bring happiness to children in the region. Cover Stars 2020: Hays Travel's Gemma Sykes visits a Disney park for the first time. If you don't manage to make a claim, then your legal fees will disappear. It has not gone into liquidation. Just Go Travel, which trades under the Hays Travel brand predominantly across the north . Deceased (19492020) The U.K.'s largest independent travel agency and a consortium said it will reopen 555 of Thomas Cook's retail locations and take on up to 2,500 of its employees. Photo: AP Photo/Frank Augstein Hays Travel paid just over 6m in total for all 555 shops sold as part of the liquidation of. If you do'nt receive amount, after receipt of the notice. News you can trust since 1877. . What's the least amount of exercise we can get away with? THE travel agency that bought Thomas Cook after it went into liquidation has created more than one thousand jobs in the process. Staff at the new Hays Travel shop in Skegness - Ryan McColm, Eva Maddison and manager Julie Wilson. Hays Travel is to cut up to 878 jobs, the firm has announced. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Travel firm Hays Travel is to close 89 of its 535 shops following a review into its take over of Thomas Cook. Express. John Hays with his wife, Irene, with whom he co-owned Hays Travel. Read the latest Tyne Tees stories, BREAKING: SSI UK has gone into liquidation on ITV News, videos, stories and all the latest Tyne Tees news . Independent travel firm Hays Travel has announced it will buy hundreds of Thomas Cook stores, potentially rescuing thousands of jobs after last month's collapse. Hays Travel Limited is an independent travel agent chain headquartered in Sunderland, England.According to recent statistics, the company has the largest number of retail travel shops in the United Kingdom. The independent travel agent, which was founded in 1980, released a statement confirming the sad news and said John died doing the job he loved. Virgin Atlantic filed for Chapter 15 Bankruptcy Protection in New York on August 4th, 2020, to pave the way for an international effort to recapitalise the boutique airline, before funds run out. "Hays Travel has already employed more than 25 percent of the former Thomas Cook retail employees and is proposing to re-open the stores with immediate effect where possible and to take on up to 2,500 people," the travel agent said in an announcement.Over 100 new jobs will be based at the company's Sunderland headquarters with the rest in shops across the UK. BY . Howwill plan B Covid restrictions affect the UK economy and jobs? The cookie is used to store the user consent for the cookies in the category "Performance". Thomas Cook was a much-loved brand and a pillar of the U.K. and the global travel industry, Irene Hays, the chairwoman of Hays Travel Group, said in the statement. The founder of the UK's largest independent travel agent, Hays Travel, has died after collapsing at the firm's head office. has hays travel gone into liquidation 24 Jun. "We had hoped the business would bounce back in January and it has not," she said. Hays Travel, which is the country's largest independent travel agent, will take control of 555 stores, and has already hired over 400 former Thomas Cook staff, the government Insolvency. The job losses make up almost 20% of their total workforce of 4500 people. The cookie is used to store the user consent for the cookies in the category "Other. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Can Shell close the valuation gap with US rivals? The BBC is not responsible for the content of external sites. This website uses cookies to improve your experience while you navigate through the website. There are currently no COVID-19 travel restrictions in place for re-entry into the UK. The removal of the name only comes about on dissolution which is approximately three months after the closure of the . I suggest you, firstly you should serve a legal notice through Advocate, it mightly help to recover your extra paid amount. 3) The third exception, rule 4.230, states that the name of the insolvent company can be used . Studio Retail Limited has gone into administration due to a supply chain crisis. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Hays Travel has not renewed the leases, as part of "a planned consolidation of its UK retail . . Thomas Cook entered into liquidation on September 23 after last-ditch attempts to save the 178-year-old . The Sunderland-based travel agent says it wants to recruit 'as many of Thomas Cook's 2,500 . Wonder if they will start doing holidays to Stoupa. Unlike many firms which are addicted to borrowing, the Hays are debt-free. Welcome to Sharing Culture! We cater to a diverse range of tastes and budgets, and our knowledgeable and friendly teams look after every aspect of your journey from start to finish, ensuring you get the very . Highly recommend this fab company . Hays Travel is Britain's largest independent travel agent, and has already recruited 421 former Thomas Cook employees. The Sunderland-based business said the cuts would affect 344 people training as travel consultants and a further 534 who work in the companys foreign exchange business. The Hays said changes to the furlough scheme that came into force on Monday, under which the state hands back responsibility for paying national insurance and pension contributions to employers, were also a factor. The prestigious list is published in the Sunday Times and put together by Best Companies, the employee engagement specialists, who survey workforces to examine the ins-and-outs of company life. By not paying on time, you've broken the contract. analyse how our Sites are used. INDEPENDENT travel agent, Hays Travel has been recognised as one of the UK's top 100 employers. The following two conditions should be taken into consideration: (a) Court leave must be applied for by no later than 7 days from the date the company went into liquidation. Thomas Cook, the world's oldest travel company whose shops have been a feature of British town centres for generations, collapsed last month, and its UK business went into liquidation. More applications are being taken and the recruitment helpline is 0800 215 5995. Chinese firm Fosun Tourism Group acquired the brand for 11m, a year after the 178-year-old travel company collapsed. The company name remains live on Companies House but its status switches to 'Liquidation'. John Hays died in November after collapsing at his Hays Travels Sunderland head office. 2.3k. All UK firms selling holidays with air travel must be signed up to ATOL (look for the logo, see right). HOLIDAY COMPANY GONE INTO LIQUIDATION. Stoupa. Dame Irene said messages of support had given her a determination to carry her husbands wonderful legacy on into the future. Breaking news, Hays Travel to buy Thomas Cook Shops and hire ex staff. // Thomas Cook collapsed with a massive debt pile During a parliamentary hearing yesterday around last month's collapse of Thomas Cook, MPs were told by the Insolvency Service that Hays Travel paid just over 6 million to buy the 555 Thomas Cook shops working out at only 10,800 for each site. The U.K.'s largest independent travel agency and a consortium said it will reopen 555 of Thomas Cook's retail locations and take on up to 2,500 of its employees. It is a game changer for us, he said, almost trebling the number of shops we have and doubling our work force and for the industry, which will get to keep some of its most talented people.. Employer of the Year was awarded to Hays Travel, by FE Week and AELP at a ceremony in London. Stoupa Tourism Stoupa Hotels Bed and Breakfast Stoupa Stoupa Holiday Rentals Stoupa Holiday Packages Flights to Stoupa Stoupa Restaurants Stoupa Attractions Stoupa Travel Forum Hays has confirmed it will go . Read about our approach to external linking. The sky really is the limit for staff of a former Thomas Cook shop in Skegness that has re-opened as Hays. This immediate liquidation followed . As odd as it sounds, the Chapter 15 Bankruptcy filing is a "good thing" for the future hopes of a . The deadline to complete was 4 weeks ago now. Hays Travel has said it will buy 555 Thomas Cook stores after the holiday company collapsed last month. I have now received a letter from Hays Travel saying that 1st4Cruising has gone into liquidation and my reservation has been taken over by Hays Travel. But unlike Patisserie Holdings, there was no potential to save the business. But others say Thomas Cooks demise was years in the making as it struggled to navigate the transition to the digital age. Hays Travel will acquire all 555 stores and look to re-employ former employees from Thomas Cook's retail operations, Britain's Insolvency Service said in a . John Hays, the founder of Hays Travel, has died. It said giving jobs to the 2,500 former Thomas Cook workers would . ABTA, formerly known as the Association of British Travel Agents, has offered Tailor Mades customers some advice. The sky really is the limit for staff of a former Thomas Cook shop in Skegness that has re-opened as Hays. Your tour operator should be able to confirm that your booking will proceed as normal. This cookie is set by GDPR Cookie Consent plugin. You can still enjoy your subscription until the end of your current billing period. As its name suggested, the Sydney-based company operated tours to Asia, and is understood to have counted the likes of Sichuan Airlines and Luxury Escapes among its partners. Despite the news, the airline has not gone out of business, and your miles are fine, for now. 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Hays Travel only paid Thomas Cook liquidators 6 million to acquire the collapsed tour operator's high street stores, it has emerged. If the worst happens, under ATOL you'll get a refund for your holiday or an alternative holiday/transport. Its remaining 50 shops will continue to trade for the time being but will begin closing-down sales from Monday. Hays Travel in The Lexicon, Bracknell opened in January 2 and is one of 470 shops bought by . Dame Irene Hays, owner and chair of the Sunderland-based firm, said it was "always our intention to review the performance of our shops at the end of the licence period". However, this didn't mean Air Italy wasn't facing a number of issues. More travel firms will go bust in the 'coming weeks' due to impact of Covid pandemic, industry bosses warn. The CAA will give at least one month's notice of the end date. Hays Travel rescued the jobs of 2,500 Thomas Cook staff last year when the tour operator collapsed and had been optimistic about avoiding pandemic-related cuts. Home of the Daily and Sunday Express. The cookies is used to store the user consent for the cookies in the category "Necessary". Limited, after 45 years of trading as Travelplanners have taken the heart-breaking decision to cease trading and go into liquidation. Spain: Majorca & Ibiza beaches circled by helicopters, Holidays: Tailor Made Travel ceases trading & is acquired by Hays Travel - customer advice, Holidays: The deal will cover Tailor Mades 20 shops and around 100 of their employees, Cyprus holidays: TUI offers Britons 200 off package holidays, Italy holidays: Country could be added to quarantine list next week, Holidays: Hays Travel is retaining the staff of Tailor Made Travel at those locations", Complete guide to travel rules for Greece, Italy, Spain, France & more, Camilla, Duchess of Cornwall always takes this on her travels, Holidays: Travel expert issues major lesser known warning, Holiday money: How to monitor the exchange rate, Travel pictures: Five unbelievable locations, UK holidays: Relax in style on magical Scottish isle, Holidays 2020: Travel expert issues warning for Greece and Portugal, Travel: UK airport may be first to offer mass COVID tests. celine2002uk. DON'T MISSHoliday money: How to monitor the exchange rate[INSIGHT]Travel pictures: Five unbelievable locations[UPDATE]UK holidays: Relax in style on magical Scottish isle[ANALYSIS]. Hays Travel is to cut almost 900 jobs out of a total workforce of 4,500 people, the firm announced. These are Exodus, Explore and Discover Egypt. A statement from Hays Travel said: "Tailor Made Travel Ltd went into administration at 4pm on Thursday, with Deloitte appointed as administrator. Britain's biggest holiday company is to close another 48 high street travel agencies, affecting 273 staff. Please contact the branch that you booked through for assistance.. John Hays opened the first branch of Hays Travel at the back of his mum's clothes shop in County Durham in 1980. My solicitor is having trouble obtaining the management info as the builder has gone into liquidation. The 40-year-old company has agreed to acquire the entire retail portfolio of 555 former Thomas Cook outlets, inking a deal with the UK's Official Receiver and Special Managers from KPMG. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. by. John Hays The sky really is the limit for staff of a former Thomas Cook shop in Skegness that has re-opened as Hays. By February 2020 they were on track, turning around even loss-making Thomas Cook stores. organisation Necessary cookies are absolutely essential for the website to function properly. As a subscriber, you have 10 gift articles to give each month. Airports empty as Coronavirus affects aviation industry Show all 11 It comes after the UK's largest independent travel agency chain, Hays Travel, announced it would be forced to cut nearly. Send your story ideas to northeastandcumbria@bbc.co.uk. The founder of the UKs largest independent travel agent, Hays Travel, has died after collapsing at the firms head office. Sunderland-based Hays Travel has . "Hays Travel has already employed more than 25 percent of the former Thomas Cook retail employees and is proposing to re-open the stores with immediate effect where possible and to take on up to 2,500 people," the travel agent said in an announcement.Over 100 new jobs will be based at the company's Sunderland headquarters with the rest in shops across the UK. Staff at the new Hays Travel shop in Skegness - Ryan McColm, Eva Maddison and manager Julie Wilson. For cost savings, you can change your plan at any time online in the Settings & Account section. Dublin to Glasgow, Edinburgh, Manchester and Newquay; Belfast City to Birmingham, East Midlands, Edinburgh, Exeter Leeds, Bradford, Manchester. The firm's cruise operations remain suspended until later in August. Stay informed and spot emerging risks and opportunities with independent global reporting, expert Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Hays Travel bought the majority of Thomas Cook's retail estate last year after the world's oldest travel company fell into liquidation, saving more than 2,000 jobs.. Staff at the new Hays Travel shop in Skegness - Ryan McColm, Eva Maddison and manager Julie Wilson. https://www.youtube.com/watch?v=8zbcK10yKEI. Hays Travel to cut more than 850 jobs after Spain . The independent travel agent has acquired the former holiday giant's "entire retail estate . A TRAVEL agent is excited to open its doors in Bracknell five months since Thomas Cook "collapsed". Hays Travel is Britain's largest independent travel agent, and has already recruited 421 former Thomas Cook employees. Hays Travel in The Lexicon, Bracknell opened in January 2 and is one of 470 shops bought by . Britains Civil Aviation Authority arranged dozens of flights to get people home from far-flung destinations, with the last of those flights arriving in Britain on Monday, according to local news media reports. During a parliamentary hearing yesterday around last month . RCN's issued after 10 March 2020 solely due to the Covid-19 pandemic will have ATOL protection, until an end date to be announced. Christchurch firm Independent Scaffolding Supplies, set up by former bankrupt Richard Lascelles, was yesterday put into liquidation, owing $440,000 to creditors. Chloe, general manager at Hays Weston Favell, said she first received the news that Thomas Cook had gone into liquidation at 2am on the day it was announced at the end of September. Hays owns 190 shops around the UK already, and hopes the 555 former Thomas Cook branches will compliment its existing business. 0. Green Feathers Ip Camera, Photograph: Martin Godwin/The Guardian. Which holiday company has gone into liquidation? The Premise: If you camped out for a week in a bookstore and read as much literature as possible about Ive discussed in past editors letters that we sometimes struggle to keep up with current events due to the lag Are you looking for effective arms length protection? Breaking news, Hays Travel to buy Thomas Cook Shops and hire ex staff. See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. Dante The Opera Artists; Dante Virtual Opera; Divine Comedy; About IOT. Hays Travel paid just over 6m in total for all 555 shops sold as part of the liquidation of Thomas Cook, meaning the travel agent scooped up the lease on each store for an average of 11,000. When Thomas Cook reported in May that it had suffered a loss of 1.5 billion pounds, about $1.9 billion, for the first half of the year, the company cited a European heat wave the previous summer that had reduced customer demand for winter sun., And its chief executive, Peter Fankhauser, pointed to uncertainties over Brexit, writing that there is now little doubt that the Brexit process has led many U.K. customers to delay their holiday plans for this summer.. Hays Travel only paid Thomas Cook liquidators 6 million to acquire the collapsed tour operator's high street stores, it has emerged. Closed shops will reopen (pic: Terry Murden) Travel agent Hays Travel is acquiring the entire UK retail estate of collapsed rival Thomas Cook.