Thomas Cook

Part of the debate – in the House of Commons at 2:03 pm on 25th September 2019.

Alert me about debates like this

Photo of Grant Shapps Grant Shapps The Secretary of State for Transport 2:03 pm, 25th September 2019

My hon. Friend is right about the extraordinary work done by employees who know they have lost their job still working, even today, and by those who are uncertain about their future in many foreign and British locations. I pay tribute to them on behalf of the whole House, I am sure.

Many factors led to the collapse of Thomas Cook. Management, which has been mentioned many times, makes a large contribution, but so do other factors, including a very hot summer last year, which stopped people from going away, following the wrong business model, and the growth of the internet—problems that stretch back way before any of us in this House voted to have a referendum on Brexit.