Thomas Cook recovering after drop in demand for holidays

Revenues rose 1% to £1.4bn in three months to 31 December as travel firm slowly recovers from impact of terrorist attacks in Paris and Istanbul Thomas Cook sees “clear signs of recovery” after the terrorist attacks in Paris and Istanbul led to a sharp drop in demand for holidays.The travel company reported on Thursday that despite the recent terrorist attacks, revenues rose 1% to £1.4bn in the three months to 31 December. Losses before tax widened slightly to £116m