Burberry’s Angela Ahrendts is one of just three women to head FTSE 100 Index companies along with easyJet’s Carolyn McCall and Alison Cooper at Imperial Tobacco.

Travel firm Thomas Cook says it is to cut 2,500 UK jobs and close 195 stores in Britain as the euro crisis, high fuel costs and unrest in destinations like Egypt and Greece take their toll on the holiday business.

London's blue chip index failed to find direction today as investors sat tight ahead of news from the eurozone and economic data this week.

British travel firm Thomas Cook said investors holding almost 30% of its stock voted against its remuneration report yesterday, a sign that shareholder anger over soaring executive earnings has not died down.

Travel firm Thomas Cook said its turnaround plan was on track after sun-seekers boosted summer bookings.

Beleaguered travel firm Thomas Cook racked up £300m (€375m) of losses today after admitting that its brand was hit by its near-collapse last year.

Thomas Cook is expected to see a breakthrough in its turnaround today when it secures approval for two key disposals, without which the holiday giant has warned it could collapse.