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Written question asked by Baroness Doocey (Liberal Democrat) on Tuesday, 29 October 2019, in the House of Lords. It was due for an answer on Tuesday, 12 November 2019. It was answered by Lord Duncan of Springbank (Conservative) on Tuesday, 5 November 2019 on behalf of the Department for Business, Energy and Industrial Strategy.


Thomas Cook: Insolvency

Question

To ask Her Majesty's Government what assessment they have made of the impact of Thomas Cook's liquidation on the landlords of Thomas Cook's high street shops.

Answer

The Government welcomes the announcement that Hays Travel Limited has acquired Thomas Cook’s entire UK retail estate of 555 outlets. It is a matter for Hays Travel Limited to negotiate contractual arrangements with landlords for the ongoing occupation of the sites.


Secondary information

Type
Written question
Reference
HL499
Session
2019-19
Subjects
Insolvency Landlords Shops Thomas Cook
Link
View this Written question on www.parliament.uk