Grim news from Thomas Cook - 2,500 jobs going as part of restructure - some stores will close. Sources at Thomas Cook insist this is about changing the structure of the business to secure it for future, not the start of its decline: "We're trying to do it in one go."
They're cutting 195 stores from 1,069 - 2,500 staff going down to 13,000 from 15,500. Job cuts are not a massive surprise - £590m losses just before Christmas and new-ish boss making big changes.
More top news
A video of a white police officer shooting dead a black teenager has been released by authorities in Chicago.
Cold in the wind
The working poor and elderly fear they will be clobbered when the Chancellor announces his Autumn Statement tomorrow, Penny Marshall writes.