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Fears for future of Thomas Cook as shares drop 75%

Thomas Cook remained defiant about its long-term future yesterday, despite its share price plummeting by 75 per cent after it warned of "deterioration" in its recent trading and its "cash and liquidity position".

1,000 new jobs at Jaguar Land Rover

Car giant Jaguar Land Rover brought some welcome good news to the economy today by announcing 1,000 new jobs as part of its drive to boost production over the next five years.

Southern Cross unveils closure plan

Staff and residents at more than 500 care homes were left unsure over who would be running them today after Southern Cross announced plans to shut down.

Ask the Traveller: Atol scheme

Good question, which touches upon the tangle of legislation – and the many loopholes – of consumer protection for air travellers. Bear with me as I explain your rights.

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No longer a spent force: £5 notes to make a return to cashpoints

Long absent from cash machines and, increasingly, our wallets, crisp five pound notes will soon become a more common sight after the Bank of England promised to improve their quality and availability. In a speech to the Currency Cycle Conference in Barcelona on Monday, the head of the Bank's notes division, Victoria Cleland, said the 10 largest cash machine operators have agreed to increase the frequency of the fiver.