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Thomas Cook: Insolvency

Department for Business, Energy and Industrial Strategy written question – answered on 21st October 2019.

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Photo of Lisa Forbes Lisa Forbes Labour, Peterborough

To ask the Secretary of State for Business, Energy and Industrial Strategy, what support she plans to provide to businesses in Peterborough that were in the supply chain for Thomas Cook.

Photo of Kelly Tolhurst Kelly Tolhurst Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Business Secretary has convened a special cross-government taskforce alongside local stakeholders to support employees, local stakeholders and supply chains. The taskforce is considering existing support schemes available and will monitor local business impacts.

The Business Board of the Cambridgeshire and Peterborough Combined Authority, in partnership with Peterborough City Council, has developed a package of support for those affected locally which includes a dedicated advice service. This will support former employees with re-employment or with advice on starting a business of their own, and support businesses in a position to take on redundant employees.

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