Thomas Cook

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

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

As the hon. Gentleman will know, there are pretty strict rules involved in when the state can and cannot intervene in private businesses. If it intervened all the time, other much more successful businesses would be disadvantaged and those employments could be affected. As I mentioned briefly earlier, an accounting officer would not have signed off that kind of intervention because it simply would have represented a big problem for the state, and we almost certainly would have ended up having to repatriate people in any case, as we are today.