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<p>As announced to the House by my rt. hon. Friend the Secretary of State on 5 November,
the Government intends to introduce a scheme to assist those facing serious hardship
as a result of a life-changing injury, illness or loss of life for which UK-based
Thomas Cook companies would have been liable, but for insolvency.</p><p>While the
government cannot and will not step into the shoes of Thomas Cook, we are developing
proposals to make payments to those in need, and who otherwise will receive nothing.
Any scheme must strike a responsible balance between supporting those in the most
serious financial need and our responsibility to the taxpayer. Accordingly, it will
be a capped fund, sufficient to ensure there is support for those customers facing
the most serious hardship.</p><p>Legislation to deliver the scheme will be introduced
in due course.</p>
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