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.
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Bangladeshi immigrant Akayed Ullah, 27, is accused of strapping a crude pipe bomb to his body and detonating it during rush hour.
US tax reforms could breach international rules and damage world trade, Donald Trump has been warned by Chancellor Philip Hammond.
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