Tui: Iran war and cost-of-living crisis cost it €60m and push tourists to last-minute bookings

Tui, Europe's largest travel company, says the war in Iran has cost it €60m (£51m) so far. After the conflict broke out at the end of February, the company saw a temporary drop in bookings to Cyprus and Turkey. Customers are increasingly making last-minute holiday bookings due to geopolitical uncertainty and the ongoing cost-of-living crisis.