A major "homegrown" airline just went under in the UK, Thomas Cook.
British regulators say they may investigate Thomas Cook collapse
Sept. 24 (UPI) -- British regulators said Tuesday they may investigate the collapse of the travel firm Thomas Cook, which left more than 600,000 vacationers stranded this week.
The Financial Reporting Council said it was contemplating an investigation after the British government confirmed an Insolvency Service's investigation.
"In light of recent developments at Thomas Cook we are considering whether there is any case for investigation and enforcement action as a matter of urgency and in cooperation with the Insolvency Service," the council said in a statement.
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