Peterborough-based Thomas Cook slumped to a £590 million loss in its last financial year and is working on plans to slash costs.
As well as shutting stores, the UK's second-biggest travel company has trimmed its airline fleet and sold off hotels after it was forced to turn to its banks for an additional £200 million of loans in 2011.
More top news
If you think you, or a friend, may be suffering from postnatal depression we've created a guide designed to explain and help.
A woman has been disqualified from keeping horses for 10 years after she admitted riding an ex-racehorse when he was in an emaciated state.
Dull and grey but remaining dry. Feeling less cold.