Financial watchdog extends probe into the collapse of holiday giant Thomas Cook

Business Secretary Leadsom welcomes financial watchdog’s decision to extend probe into collapse of holiday giant Thomas Cook The FRC announced it will analyse financial statements by auditors EY Thomas Cook collapsed in September after failing to find a funding lifeline By This Is Money Published: 11:43 GMT, 19 December 2019 | Updated: 11:45 GMT, 19 … Read more

Girl, 17, suffers from a rare brain condition that causes her to collapse when she laughs

A teenager with an unusual brain disorder that causes her to collapse when she laughs has revealed she spends less time with her funny friends. Billie Hodgson, 17, suffers from cataplexy, which triggers sudden muscle paralysis and can strike whenever she giggles. Her unusual ailment is a complication of narcolepsy, which affects around 22,500 Britons. As … Read more

FTSE 100 falls for first time this week by 1.75 per cent to 6,696 in wake of the collapse of FlyBe

Coronavirus will push the economy to the brink of recession, Goldman Sachs warns as FTSE 100 falls for the first time this week by 1.75 per cent to 6,696 in the wake of the collapse of FlyBe Britain’s blue-chip index opened slightly up, but reversed gains and fell by 1.75% Signs of economic damage continues … Read more

Flybe customers tell of heartbreak and fury over sudden collapse

‘Our lifeline to see my elderly parents just disappeared’: Flybe customers tell of heartbreak and fury over sudden collapse of Europe’s biggest regional airline Collapse left customers stranded at airports across the UK as airline folded  Cornavirus outbreak caused a slump in demand and made bad situation worse   Travellers shared their frustrations this morning as … Read more

Ecuador’s ‘Throat of Fire’ volcano may be heading towards a ‘potential collapse’

Ecuador’s ‘Throat of Fire’ volcano may be heading towards a ‘potential collapse’, scientists report The west face of Tungurahua is slowly deforming, satellite data has revealed This instability could lead to a colossal landslide of material onto the local area When Tungurahua erupted in 1999, 25,000 people were evacuated from nearby A collapse of the west face 3,000 … Read more

Antarctica’s Thwaites glacier at risk of collapse and may lead to sea levels rising by two feet

Antarctica’s Thwaites glacier has warm water from three directions well under it threatening to destroy the ice sheet and raise global sea levels by up to two feet. A team of scientists from Oregon State University made the most of ice free waters in West Antarctica to look under the glacier – which is about … Read more

Social care system faces collapse in 2029, the Government is warned

The social care system could collapse by 2029 unless the Government intervenes to prevent a funding crisis and a shortage of beds, says a new study. Action is needed or a ‘tipping point’ will be reached where older people are unable to afford care, councils lack funding to look after them, and care homes don’t … Read more

French minister Amelie de Montchalin warns Britain fishing row could collapse post-Brexit trade deal

‘We know how to make it a very nasty battle’: French minister warns Britain that a post-Brexit trade deal could collapse if there is no agreement to allow EU fishermen work in UK waters Amelie de Montchalin gave her first English language interview today# Said agreement between London and Brussels hinged on four factors A … Read more