Thomas Cook chief on Scottish independence: 'We're stronger together but Scots will still go on holiday'

Thomas Cook has around 300,000 customers a year, 85 stores and 1,200 staff north of the border, and runs flights from Glasgow, Edinburgh and Aberdeen, said Ms Green.

Ms Green's comments came as Thomas Cook said its performance this financial year would show "material improvement" despite the harmful impact of Ukraine-Russia tensions and unrest in Egypt.

The company expects to report a 39pc-48pc increase in annual underlying earnings before interest and taxes (EBIT) of £315m to £335m when it posts its full-year results in November.

For its key summer season, Thomas Cook said that weaker prices, which it first warned about in May, continued but it had offset that impact by speeding up its cost-cutting plan.

Thomas Cook's trading update puts it broadly on course to meet analyst expectations, but its share price none the less took a hammering on Tuesday morning, sliding 6.48pc, putting it at the bottom of the FTSE 250 leaderboard.

Ms Green has presided over a dramatic turnaround of Thomas Cook since taking the reigns two years ago, transforming the business from a half-a-billion loss maker to one with growing profits every quarter. Under her watch shares in the company have climbed back to levels not seen since early 2011, hitting a near four-year high of 189.7 in January this year.

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