Thomas Cook: Insolvency

(asked on 16th October 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if she will provide former employees of Thomas Cook with (a) retraining opportunities and (b) loans to start new businesses.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 21st October 2019

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 also monitor local business impacts.

The Rapid Response Service is already helping people find a new job as soon as possible by offering tailored support. This includes training to update skills, learn new ones and gain industry recognised certification that will improve employability.

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. It will also provide advice and funding for businesses affected in the supply chain.

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