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Thomas Cook: the Brexit bankruptcy?

The travel group’s collapse will come to be seen as emblematic of our political era

By Paul Wallace  

Roland Weihrauch/DPA/PA Images

Thousands of firms go bust each year unnoticed and unmourned. Even among those that do attract headlines the attention of both the press and the public tends to be fleeting. Only a very few bankruptcies have the capacity to define an era. Who can forget the sight of fraught Lehman bankers with their boxes of belongings outside their Canary Wharf office in September 2008? That snapshot encapsulated the abrupt ending of the excesses of global finance and ushered in a decade of hard economic…

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