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Investigation to focus on issues including executive pay, accounting and role of auditors
MPs are to hold an inquiry into the collapse of Thomas Cook, focusing on issues around the stewardship of the company, executive pay, accounting practices and the role of auditors.
The business, energy and industrial strategy committee announced the wide-ranging investigation four days after the failure of the world’s oldest tour operator, which stranded 150,000 UK holidaymakers and put 9,000 British jobs at risk out of a total workforce of 21,000. Continue reading...