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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Apple has released a new security update after an activist's iPhone's was targeted by spyware in the United Arab Emirates.
The former boss of BHS has told ITV News he has no plans to give back the £1 million he took out of the collapsed firm.
Tomorrow will start off dry with bright spells