

India is one of the fastest growing travel and travel-related foreign exchange markets in the world, expanding by 15% per annum. Our acquisition of 74.9% of Thomas Cook India gives us the opportunity to drive this expansion. We are confident the strength of the foreign exchange business will provide a strong platform for profit growth.
In line with our strategy to grow our financial services offering, we have expanded our foreign exchange franchise in airports. This has included our high profile appointment as a partner in Heathrow Terminal 5 and Manchester Airport. The strength of the Thomas Cook brand and the customer service we offer have combined to allow us to establish ourselves as the market leader in both locations.