Vince Cable has denied that the action taken to save failed retailer Comet was too little too late. He said social and economic collapse have also been very significant.
But he has admitted that people would expect the government to investigate what happened after the private equity firm, OpCapita bought the company last year for one pound. The firm will reportedly walk away with up to £50 million.
He adds that there are allegations both significant and serious enough to warrant proper inquiry.
More top news
Nabi Tajima, who was the last known person to have been born in the 19th century, died in Japan after being in hospital since January.
Temperatures are predicted to reach a high of 23C.
Hunt accused companies of "turning a blind eye" to a generation of children "exposed to harmful emotional side effects" of social media.