COMPANIES Thomas Cook forecast no let-up in the gloom surrounding the global economy as it reported a wider loss for the first nine months of the year and abandoned its internal profit forecast for next year.
Shares in Europe’s second-biggest travel company closed down 11p at 219p after it said tough trading conditions meant it would not be able to meet the operating profit target of £480m for 2010 that it set out in 2007, following its merger with MyTravel.
