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Hundreds of thousands of holiday-makers are being flown back home after the collapse of Travel Agent Thomas Cook. Thomas Cook has gone into administration, after 11th hour talks to bring the company back from the brink of financial collapse, failed, and put 22,000 jobs at risk worldwide. The head of the world's oldest travel company announced on Monday it had entered into compulsory liquidation with immediate effect. Chief Executive Peter Fankhauser said he failed to secure emergency funding from creditors. Image: AP