Job fears as merger creates UK's biggest travel firm

Rival British tour operators MyTravel and Thomas Cook are to join forces after revealing plans for a £2.8bn (€4.2bn) merger today in a move that has sparked fears of job losses.

The new company, to be called Thomas Cook Group, will become the UK’s number-one tour operator and be a closer rival to the current European leader, German company Tui, when the deal is completed in May.