A capped compensation scheme to support people with serious injury claims against collapsed travel giant Thomas Cook is among the measures announced alongside the Queen’s speech today.
According to briefing material published this morning, the Thomas Cook Compensation Bill will 'enable the government to administer a capped compensation scheme to support customers of Thomas Cook facing the most serious hardship as a result of life-changing injuries, illness or loss of life for which UK-based Thomas Cook companies would have been liable.'
The bill will provide the legal basis for making payments to claimants under the scheme.
Thomas Cook went into liquidation in September, leaving claims against the company in limbo. The business secretary last month pledged to provide support for the most serious claims.